Saturday, June 26, 2010

While the Economy Fizzles - Gold Sizzles!


Those that could not see the disaster coming, and grossly underestimated its magnitude once underway, have been loudly proclaiming an economic rebound is underway. Such proclamations, spewing from establishment channels, are so blatantly short on truth that it reveals a disturbing level of desperation to raise confidence. Furthermore, the straight-faced dissemination of such transparently amateurish "official analysis" being served as a substitute for tangible economic growth clearly shows that the damage to the national economic infrastructure is so great that past practices employed by the Fed and Government to goose the economy to revival are now futile at best and most likely counterproductive.

Read Entire Article HERE

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