An estimated $2.4 trillion has been lost on the US housing market

So far, $2.4 trillion is predicted to have been lost on the US housing market. Meanwhile, the S&P500 has seen earnings slide by 23% in less than six months…

Thomas G. Donlan's new essay in Barron's is titled "Lands of Waste and Debt" with the subhead "The states send signals that it will not be a happy Spring."

This makes me ask the obvious question "It won't be happy for who?" I am all in gold, silver and oil, and I am dead-bang sure that I will be VERY happy for a long, long time because I know what happens to those particular items when a moronic, corrupt government teams up with a central bank, especially one utilising some bizarre computer models to determine monetary policy; inflation that screams your death knell!

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