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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 113.07+0.5%Jun 29 6:40 PM EDTNews

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To: Metacomet who wrote (27617)5/2/2012 10:08:36 AM
From: Nevada99995 Recommendations  Read Replies (2) of 29520
 
Keynesian central bankers are attempting to purchase a recovery from a deleveraging that has barely even begun. The price tag continues to rise as the facts become apparent. The facts are that following the last depression there were 20 or 30 years of economic growth followed by 40 or 50 years of debt fueled living beyond our means that has now climaxed. Only one thing is certain. There is a price yet to be payed for prior excesses and we don't recover for real until it is paid, probably through depression, because it is clear that sensible economic policy is not an option.
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