Saturday, September 23, 2006

This Can't Be Good

Foreign banks are selling off their US investments. Gas prices are coming down and gold is flat while foreign investments are fleeing our economy. The Federal Reserve can't tell anyone how much cash is floating around and in fact is rumored to have quadrupled the printed currency supply in the last 6 months. The only growth in jobs is in the healthcare industry. There has been a net of zero new jobs in manufacturing any exportable commodity that our nation can sell on the international market.

The only way gold and gas can be so cheap right now is if there are tremendous forces driving the price down. Perhaps a firesale of cheap cash to pay for a flood of gold derivitives and futures contracts so that the dollar doesn't appear to be worthless. Not until at least we get through the November election. After that there's gonna be something like two years before anyone important needs to worry about what the average American cares about. Until then enjoy the massive volume of gold futures contracts that are coming from the United States and keeping the dollar from becoming a complete embarassment.

We're fucked.

4 Comments:

Blogger RicketyFunk said...

Maybe well see massive growth in the bum goodie searching industry.

One can only hope.

Sep 25, 2006, 6:03:00 PM  
Blogger Dean ASC said...

Well that was Hitlers plan. I forget how well it worked out for him.

Sep 25, 2006, 8:20:00 PM  
Blogger RicketyFunk said...

He only went on to become the bass player for the greatest band in the history of whist-el-ing solos THE SCORPIONS!!! Duh...

Sep 28, 2006, 4:28:00 PM  
Blogger Dean ASC said...

I read this after my post about Jared Raymond. I needed a good laugh. Thanks.

Sep 28, 2006, 10:03:00 PM  

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