The Yen Is on Fire, Gold and Silver Continue Their Breakout

18/12/2008 § Leave a comment

 

The scary proposition for us as Americans is if their campaign will transfer the worry from a financial crisis to a currency crisis. My stomach was rolling yesterday to see the giddy economists on CNBC last night saying the Federal Reserve can buy every asset in the United States if they want – their balance sheet is "infinite". Sure, if you want to be USSR and you want a currency similar to Zimbabwe.

GET OUT WHILE YOU STILL CAN!!

The Yen Is on Fire, Gold and Silver Continue Their Breakout – Seeking Alpha

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