05 March 2013

Gold Daily and Silver Weekly Charts - We're In the Money - Trickle Down


The central banks have created a new era of permanent prosperity.

All you have to do is believe. And everyone can be rich. Your turn will be coming soon.

One might feel better about the corporate profits and new highs in stocks, and the abundance of bank reserves, most of which is driven by policy and the Fed, if it was not such a transparent attempt to once again approach severe economic problems by using a 'trickle down' approach.

This is going to fail, and the consequences may be quite severe.