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June 28, 2011

Economy, Inflation, Gold, Economic Growth

by Bob Schwartz

The rising prices in the economy aren’t transitory. The best evidence of this is the fact that Ben Bernanke believes that it is. Anything that he says is wrong. Economic activity is contracting, especially in terms of gold and silver. It is only all the inflation that is giving the illusion of economic growth. The dollar will most certainly collapse, perhaps as early as this fall.

Look at the fundamentals, the reason gold is rising in price is because of the weakness in the dollar, and its steady decline in value, this will continue until there is a end to the expansion of the USD moneys supply.

Crystalline gold

 

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