ship is sinking, page-37

So jazz let's see:

1/ Real rates are negative and will remain negative for years to come, as such bonds are a NON bet. Anybody investing in bonds is losing money.

2/Federal reserve has NO choice other than to continue to pump liquidity. To do otherwise means the economy will collapse. Thus INFLATION will continue and ACCELERATE!
Bottom line....inflation = devalued currency!

3/ Gold is in a major Wave THREE and is VERY close to completing Wave II of THREE and is about to commence Wave III of THREE. Wave 3's are the most powerful as could be seen from the move with wave I up $1032.

In simple terms we are about to get a wave III of THREE. You ain't seen NOTHING YET!!!!!!!


THE USD IS STUFFED!