Thursday, July 31, 2014 12:05:01 PM
Our administration and the EU could be playing with fire here in thinking they have the upper hand, and if the BRICS make good on a ploy of their own, things could get really dicey in a heartbeat. And if that happens, gold would likely ignite explosively.
On one hand, I'd hate to see our beloved long green go in the tank, but letting the Fed play its Ponzi scheme for six years isn't doing us any good in the long run. Lord have mercy if these petro-dollars turn into toilet paper.
Any thoughts?
Loyal
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