Today’s big headline is that “Dow drops 200-plus points; stocks negative for July“, which coming on the heels of the almost surely to be found out as bunk revelation by the desperate Donkey mouthpiece of former fame and glory claiming for the umpteenth time that the economic recovery is here, should make you wonder.
Scuttlebutt I heard is that when you really break down that 4% growth the NYT claims happened you discover the bulk of it comes from government spending increases. Those can’t go on indefinitely, even if liberals think so, as Argentina proves yet again. And the fact remains that nobody is doing the math to figure out how this insane monetary policy impacts us. I see the dollar losing value day to day. I see inflation out there, clearly, while the LSM tells us constantly there is none of that. I see less economic growth overall, with every business, except for those doing business with the ever expanding public sector bureaucracy, in a holding pattern as they try to survive the economic calamity. You would think revelation after revelation that point out they are full of shit.
No worries. When the whole house of cards comes tumbling down, I have my investments in precious metals to keep me on top. Buy gold, silver, and lots of lead so you can make sure you keep the previous 2.