Gold and the future of currency

There is a major shift happening right now. It has been happening for the past year. This story is big. really big. A major, fundamental, paradigm-altering shift is occuring. Really big. It is happening at the highest levels of banks and governments on the planet.


If you are Joe Sixpack, not to worry, (likely you are not reading this posting anyway!), keep eating you chicken wings and your pizza. Keep watching football and your "reality" TV. Keep drivin' that big truck.

For the rest of you, that 1% or less, take a look at this:

How to get rich... and why
http://www.marketoracle.co.uk/Article12803.html
[great article, great perspective on it all]

Central Bank Gold Agreement
http://news.goldseek.com/Zealllc/1250269200.php

still going on about a "recovery"

The media continues to drone on about an economic "recovery". There have been some small signs of positive change. People are so hopeful, not realistic. The full impact of the "credit crunch", the bail out of the US auto industry and the travails of the US housing industry are yet to be realized. You can't force it. There is just too much slack in the system -- too much supply / capacity and not enough demand to absorb it.

We have seen improvements in the US stock markets. This is -not- an indication of a recovery.

I predict that stocks will hem and haw. we will see some increases. typically the summer months (August) is slow as many traders are on vacation. September and October are typically "down" months. No reason to expect any different this year.