Gold Mining Stocks (XAU)

[risk on]

No doubt, and it seems the zeitgeist shifted to American dollars over the last few years, but that can't last. Why? Ill give you 17, soon to be 18 Trillion reasons why. US DEBT. The world won't continue its financing through Treasury purchases our questionable disability claims, medicaid, medicare fraud waste and abuse, and other social largess programs that many in our country take advantage of unchecked, depriving those who really need. It's that wink wink nudge nudge system that will break this country, and no more will T bills be able to be printed out of thin air to bail out the profligate spending, as there will be no buyer for said when the TRUE GDP, TRUE US INFLATION, and TRUE EMPLOYMENT figures are all too obvious. Then there is the other 8000000 lb gorilla, interest rates! good grief ! That trick cant last, and once they start to rise, MOTHER OF ALL INFLATION COMETH, Gold likes inflation. And it will like It more when it becomes clear the US will never get out of debt given the increased interest rates owed on T notes just won't mathematically allow it. Then we will hear about tax increases to help pay the debt, and there goes Gold even higher, and could start the inverse correlation of a Gold to Equities. Not to mention, The old retort of " where else is the world gonna put their money" in vain defense of why the dollar should remain strong even with our outrageous debt will wane quickly when our Debt to GDP ratios become so obvious they become the mother of all " could a had a V8 moments". And....so will the obviousness of how we headed to the cliff and then over with our declining National individual production / work ethos to off set US debt the normal way. Ipso facto, so will true value of green paper US printed ( i stress PRINTED) currency. GOLD WILL BE IN HIGH DEMAND

" where else are they gonna put their $ ? ".... Duh.... GOLD