Friday, January 15, 2010

Where Is The Economy Headed?

SEE HERE Pat Buchanan asks a good question here. If our government can't manage the money supply then is our republic sustainable? I don't know the answer, but I certainly hope so. Meanwhile all the economic signs are pointing every which way and the only thing I'm really pretty sure of is that inflation will be on the rise. Will it get out of control? Don't know. It might. Will it be worse than the Carter administration? Might be. Meanwhile I'm still in gold ETFs and Australian dollars and I'm shorting the dollar. Is that smart? I don't know but I've made about 15% on my money in the past three or four months which doesn't make me feel too bad.

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