July 14, 2011

Gold Rush

"Gold may surge to a record $2,000 an ounce next year if the Federal Reserve starts a third round of U.S. debt purchases to boost the economy"

Money Printing

"Bernanke thinks the answer to everything is money-printing"


"He thinks that’s what saved us from the Great Depression part two and that’s what could have saved us from the Great Depression part one. He’s doing what he said he would do, which is print money.”


“I can’t fathom the logic”

July 11, 2011

Look Before You Leap

"Italy isn’t Greece. Greek debt is just under $400 billion, while Italy has $1.7 trillion. And yields on Italian debt are soaring, so that debt load is about surge along side."
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