Silver/Gold

[SilverSurfer]

The United States financial arena is the home of the most gargantuan monetary inflation in the history of mankind as central bank balance sheets hit $3000 billion - a federal deficit, with almost no visible end - illicit (not well hidden) debt monetization, as each and every mammoth auction would fail without the purchase from the Printing Pre$$ - payment for ruinous credit derivative losses under its offered shelter for Fannie Mae mortgage toxic bond manager and the American Intl Group credit default swap insurer - carte blanche sacred budgets for aggressive war, widely debated as primarily for private firm gains - point is that the fundamentals and financials of the United States contradict any hint of a global movement drawn to safety, security, stability, wisdom, or leadership.

The United States financial arena filled with an array of liquidity facilities which are designed to enable the US Federal Reserve to function as a quasi-banking system, argued as requiring a program to keep up with the many types and functions - Medicare expense coverage for an aging population best described as the sickest in the entire industrial world, and the most medicated, along with the most bombarded by television commercials for even more drug usage - prop initiatives for the stock market, which boasts over 70% of its volume from Wall Street program trades, and without the role of the Plunge Protection Team and the corrupted cover offered by relaxed accounting rules, would have plumbed the depths long ago - banker welfare programs disguised as systemic rescues, like the TARP fund support a list of insolvent big banks acting like huge zombies and still growing, list of banks declared dead in official FDIC funeral services - The point is that the fundamentals and financials of the United States contradict any hint of a global movement drawn to safety, security, stability, wisdom, or leadership.

See nationalization initiatives, none of which has any merit or longstanding stability to offer other than to reflate the greatest consumption binge in the history of mankind, where wealth is often measured in a credit line rather than work or industrial capacity with the greatest flight of working capital ever witnessed by mankind, whose land is left with homes that once acted like engines of spending after conversion to automatic teller machines. The destruction of home equity and home ownership loss via foreclosure resulting in hidden inventory of bank owned property.

Tragically, the US financial arena has become a dangerous land of acidic minted paper posing as money, whose volumes produce a corrosive effect on capital borders on total. Economists who command iconic respect, yet who never properly justify their past string of failures, and past numerous chapters of baseless mythology upon which the US Economy has been built and continues to rest. The cast of foreign creditors and major trade partners have almost all begun efforts to diversify away from the US Dollar. The primary adversary is clearly the Chinese, who have among other steps installed Yuan currency swap facilities worldwide. The Chinese hold the spearhead to de-throne the USDollar. Behind the scenes, the Germans work steadily to remove the US and UK from their perch, clearly held by strong-arm means like with interventions in markets too numerous to name. The point is that the entire world has shown commitment to move AWAY from the USDollar, not toward it. They do not seek safety and security in the USDollar arenas any longer. They drive the new Paradigm Shift.
http://www.marketoracle.co.uk/Article14633.html