9.20.2007

Good morning

I hope you're enjoying your GLD and GDX positions this morning.

That's Bernanke, murdering the dollar to bail out housing speculators and lenders, exactly as we predicted. I hope you hedged your currency if you're planning any overseas trips in the next few years.

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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...