“It was a great week for treasuries, the US dollar, and gold. That's a combination that no inflationist and only a small subset of deflationists would think likely.”
Mish Shedlock
“The U.S. is the best looking horse…at the glue factory.”
Anonymous
Portugal, Ireland, Italy, Greece, and Spain severely threaten the stability of the Euro.
The United States is dealing with $15 Trillion debt more like $55 Trillion if underfunded mandates are included.
The Yen is threatened by debt that is a higher percentage of Gross Domestic Product than that faced by America and a demographic time bomb.
Another week like the last one and there may be some buying opportunities.
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