At the risk of being labeled as unpopular on this site, I am thinking it may be time to buy back some Gold bullion....I know we have been much more entrenched in Silver, however it looks as if Tim Geithner is going to have some serious difficulty staying within the debt ceiling which is now limited to 14.3 trillion dollars...rumors are that he could reach this ceiling sometime between Apr 05 and May 31.....under normal circumstances he could ask Congress for a little more head room, however at this time the Republicans have a majority in the house and it looks like they very well may want to play hard ball and not allow him to exceed the debt limits.....if this happens the United States would default,.....if that were ever to happen I am sure the fallout would have catastrophic economic consequences that would last for many years...could make the Lehman collapse look like the closure of a neighborhood mini mart....sooner or later it will have to happen anyway... there is just no way it is possible to continue to run deficits in the trillions of dollars.....perhaps it would be better if it were to happen sooner.....I think the Tea Party must also believe, the sooner the better.......yes I do believe I will add some gold bullion at these levels.....as I see it.....
Paid
AI
