doctor say's "..............

So what will Obama do?

There is talk of him raising the debt ceiling by 50% to $21 trillion.
Just stop reading for a second and take that in.

A 50 per cent raising of the debt ceiling?

If you aren't yelling at your computer, then you're not paying attention.

If this happens then we are witnessing the dollar's end game. Time to buckle up.

It would enable shenanigans that make QE2 look like some light stretching before a marathon.

So what to do?

As with most of the economic problems in this world, the solution is precious metals.

Gold, silver, and platinum group metals.

That same saying that says 'debt is the currency of slaves' actually begins with 'gold is the currency of kings, and silver is the currency of the free man'.

Never is that truer than now. As inflation gets a grip of the world's largest economy, precious metals' prices will soar.

The US-centric media doesn't seem to have noticed however that China and India are in fact the biggest markets for precious metals. And inflation is already well underway there - thanks to years of importing inflation-infected US dollars. Chinese inflation is already up to 5.3%, and Indian inflation has just hit 8.7%.The press may be focused on what silver ETFs are doing, but should be focused on the physical silver being bought by the truck load by Indian and Chinese investors. Between the two countries there are 2.5 billion citizens all now looking for a way to protect their wealth from the inflation flooding into their bank accounts right now.

2.5 billion people wanting to invest in just 1.2 billion ounces of silver?

There is only one direction it will go in the next few years - and it's not down.

It certainly looks as though the next month or two will be the last opportunity to take a decent position in silver or silver stocks.
I think the faster returns are going to be made in silver though, if you don't mind taking on some more risk. Silver's performance was a bit slow for most of the last 10 years, but seems to be making up for lost time now.

The price is highly volatile as we have seen recently. The price may have fallen 33% in a month, but let's not forget it is still up 100% in a year.

Why the steep rise? It is all down to the tight fundamentals of the market. Most estimates point to there being just 1.2 billion ounces of silver bullion available in the world. This makes it twice as rare as gold bullion.

It certainly looks as though the next month or two will be the last opportunity to take a decent position in silver or silver stocks.
After that the inflation-fuelled global demand meets the shortage of the metal, to power the next monster rally in silver.

From the Doctor

ALL ABOARD