Debt is the killer and it has begun reaching in your pockets for service, make no mistake about this. The Fed last year bought more US debt than was issued by the Treasury. How much longer can this continue with more and more foreigners resisting US treasury bonds. Well get ready for this: there is growing talk in Washington that we would be better off with the government managing our retirement funds. Yes, it's true. It'll be like Social Security II.

Social Security I was bad enough as we're all getting only about 35% of the original purchasing power that we contributed years back. Now if everything goes according to unannounced forseen plans, our IRA's and 401K's will be taken over our by our handlers and in return our retirement wealth in those plans will become the new buyers for the currently unwanted Treasury bonds.

disclosure: we pulled out of all of our regulated retirement funds, paying the penalty, and went into direct ownership of hard assets which mostly consist of precious metal related items.

Sure, we have lost some fruit from our money tree as a result of orchestrated price suppression but as any farmer will tell you, there is always another season.