At this stage I find it to be pretty unpredictable … there is as much fundamental strength in the US economy as there were weapons of mass destruction in Iran. There are far more lies, acts of deception, and corrupted people of power than there is strength … and remember the bigger the lie the more it is believed and that absolute power corrupts absolutely.

Excessive debt levels before the sub prime crisis/liquidity crisis/ financial crisis … whatever …. still remain and have been exacerbated in the USA and western world.

I remain firmly committed to precious metals, a position I have taken since 2002. China and India are on a continued path of growth and although their economies are much smaller today … the growth will continue to be in areas of infrastructure which IMO means commodities and IT infrastructure will be better than most other sectors.

The US $ is badly over valued (also good for precious metals) and that will be good for commodoties which will increase in price relative to the US $.

The US will do anything including war to avoid losing control of the financial world they inherited(bought) because commodities and international business transactions are denominated in US $.

The latest chicanery is for the fin’l gurus under Bush’s direction to go to congress get 750 bil in funding to buy up mortgages and then procede to buy bank stocks … in essence nationalizing that industry as the first of many needed in the interest of the countries interest and/or national security.

State capitalism and fascism at its best and even those who’s voice is heard such as Ron Paul are ignored. This is a grevious situation which will result in world chaos.

In addition to gold and silver … one might consider stockpiling some staples …. rice, dry beans, spices, oil, flour, water, as well as bullets if you are a hunter. If I am wrong … i will use the inventory up before death or donate it to food shelters before it expires and buy more until this inevitable destabilization of North American life is over.

Orgy