Borrowings don't have to go down, just if they go sideways will cause problems. Less borrowings could be disastrous. ===============================================================
Contrary to conventional thinkers, I think it's becoming more clear by the day that Greenspan will be attempting to 'cure' America's plague of debt by inflating 'our' way out of that particular danger.
The 'giveaway' will be when he and his fellow Fed cronies start pumping their "dangers of deflation" mantra once again to anyone who will stop to listen to them. CNBC comes to mind <ng>
While that 'cure' will surely open us up to other ills, it will prove be very beneficial for the PoG.
May I suggest you get yourself some Gold Reserve (GRZ) on the next downswing with the intention of holding it for the long term? Like Nova Gold, a mega bagger in the making. <vbg>