Dear CIGAs,
You are going to see a great deal more of this.
Do you honestly know how bad things are going to get?
Do you really accept that the US dollar is going to take a historical percentage of value hammering in the final quarter of 2009?
Do you recognize that as pressure to deliver gold hits the COMEX exchange with titanic force, the ratio traders will totally explode and kill the spread traders?
Do you have any idea how long it is going to be before real green shoots become crops?
Do you know that certain medicines are already in short supply for economic reasons?
There is only a small minority out there that really understands. There is no need for bank holidays as long as QE and TARP type programs are grown to meet the growing demand.
I have long told you that our financial leaders will burn the barn down before letting nature take its course. The barn is the US dollar.
Look out the window and stop listening to MOPE.
Please give food, not money.