In the last three months the Feds printed up another quarter of a Trillion dollars right out of thin air as investors snooze.
I expect the next three months will look about the same...
America lost the War On Terrorism on 9-11-2001. American leadership decided to trade in American FREEDOM for a Soviet Cold War Era Police State. America is a very DARK place now...
Keeping a DARK place SECURE doesn't even make sense.
The Feds printed them up by the trillions and passed them all around the globe. The world watched as Obama (Bush too) placed 48,000,000 Americans on Food Stamps after having gutted -out Americas Industrial Base and then the Banksters Baited and Switched American mortgage holders and topped it off with Securities Fraud. The world watched America as Americas leaders ignored the American voter and led America into war after war in the Middle East region where the oil is. Those ill conceived war plans drove the price of oil up about 250%. The world watched as Obama gutted-out the United States Constitution taking away American FREEDOM. The world watched as the United States became a dark source of evil, creating spie nets over satellite, computers and telephone networks.
The world watched as the Federal Reserve trashed the value of physical gold and silver with paper fiat.
Even though it appears as if the world has no safe sanctuaries for investors I would have to beg an answer from the world...How can you trust a dollar investment?
Kennedy was the last Hard Money(gold and silver) President. After the Feds had him assassinated , they replaced silver coins with their cheap copper sandwich. And within 8 years turned the dollar into a fiat currency, backed with nothing but thin air.
I don't ever remember times this bad. Taper?
Are you crazy?
1.) Outsourced our Industrial Base to Communist China-Lost Jobs
2.) Committed Mortgage Fraud that led to Bank Bail-Out- Forced Bail-Out of Bank poor business practices
3.) Obama-Care=Mandatory Insurance at excessive premiums-Insurance Company Bail-Out
#2 and #3 is all financed by Federal Reserve Money printing-Right out of thin air with Zero percent interest
Result- You are unemployed or underemployed, you earn zero interest on your savings, your 401K may likely turn out like Detroit(sixteen cents on the dollar), you bailed out the KINGS-Banks and Insurers, you may already be on Welfare collecting food stamps like 48,000,000 others like you and your health insurance(mandatory) is going to cost you 50-100 % more.
After the greatest wealth swindle the world has ever witnessed via zero % interest rates and money printing of confetti paper, after all wealth has been vacuumed up off the table with low incomes and inflation and mandatory higher premiums-you will be theirs. You will be a destitute slave.
This is when the Feds will forgive global debt and you will be forced to labor when, where, and how they see fit.
Its too late for me...I can not ever trust them again. Even if they tried to entice me with 20% interest. I would always fear a Bail-In...
Maybe we need a new Uncle. The Uncle we've got is crushing fixed incomes, savers, and the common mans ability to stave off inflation.
Obama-care is going to under employ more workers than the USA has ever seen. Employers across the nation will be dropping workers hours to 30 or less/wk. This way the workers (under employed workers) will be required by "law" to provide their own health-care. Employers will be exempt.
Germany is still waiting for delivery from Ft Knox...maybe four or five years from now Ft Knox can get out of DEFAULT.