Thursday, April 28, 2011

Screw the Birth Certificate, Worry about the Dollar!

While everyone seems to be overly concerned about President Obama's birth certificate the media seems to be seriously underplaying the economic doom that is right in front of our faces. Trust me, this birth certificate issue is the last thing that we need to worry about.

The U.S. dollar is down to its lowest level in three years and after big Ben Bernake's speech yesterday things do not look to be getting better any time soon. Inflation I fear is going to be much worse than what the Fed's chairman is alluding to. Gold and silver are already showing this to be true since silver is just shy of $50 per ounce and gold is hanging around $1531. The dollar index at the time of this article is down to 73.18 and is slowly but surely sinking.

Precious metal investors are smiling but this is bad news for our nation. Hang in there folks as this is going to be a very bumpy ride.
-Blogging4Bullion

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