GOLDBUGS AMEX Goldbugs Index (GOLD)

[4Godnwv]

Check out these figures -

The US economy is huge! 1 trillion dollars is less than 2% (actually around 1.8%) of the GDP for 2007 ($55.36 trillion).

Of course that excludes income from the rest of the world ($3.27 trillion) and payments due the rest of the world ($2.88 trillion) leaving a Gross National Product of 55.74 trillion dollars.

That's $55,748,200,000,000.00

i.e. This little 'bailout', assuming it reaches the proposed 1 trillion mark, will end up lowering the value of the dollar (because they have to print that many) and subsequently raise the price of milk, bread, eggs, gasoline, pizza, automobiles, DVD's, ice cream cones, shirts, shoes, socks, and shampoo, 1.8% -