11.11.2009

Gold above 1120

... and Bernanke doesn't even care.

We could see oil at $200 and Bernanke would keep printing because that's what he wants. Bernanke wants to see your grandmother eating Alpo. Bernanke wants to see working people not be able to buy a tank of gas.

Welcome to Zimbabwe, amigos.

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Milestones

I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.