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$1500 Gold

20 April 2011 One Comment

Same story. Dollar down. Stocks, metals, oil are up. Gotta love the Ben Bernanke “wealth effect.” What is the level of gas prices that will wake up the masses to the Fed policies? $6/gallon gas? Yes, this is called INFLATION. We’ve been predicting it for several years now, and this is what it looks like. In fact, to get more specific, we have STAGFLATION with rising prices yet stagnant wages. Yes, that is just a wonderful recipe for prosperity.

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