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FSN: A Three Ring Circus
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Andy Sutton
Gold Seek
Just when you think things can’t get any more ludicrous or obscene in terms of insulting the truth, out comes the BLS with its monthly jobs numbers. I’m going to break those down in a minute. But wait! There’s much more. We’ve got the fed, which had been promising to raise rates starting in 2010, then 2011, then ’12, and now they’re all the way out in 2015. Double that for the monetization (not just asset purchases). Those programs were supposed to be exited, starting this year. Now those exit plans are going to be redrawn. I’d say at this point they should just drop the charade. Anyone with a pulse and two brain cells knows that ZIRP (zero interest rates in perpetuity) and monetization are both here to stay. And that will remain the case until the next monetary scheme – whether it ends up being regional or global – is concocted. And then there is the ongoing ‘fiscal cliff’ disaster. Which is not new, but is merely a by-product of the last compromise a whole 16 months ago. Our leaders created the cliff; now we get to jump off of it. Or be pushed, whichever you prefer. Buckle up folks, its’ going to be a raucous and wild column this week.
Continue Reading at GoldSeek.com…
2012-12-09 14:03:21
Source: http://silveristhenew.com/2012/12/09/a-three-ring-circus/
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