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Manipulating the World Economy Or Just Understanding How It Really Functions.

from ArmstrongEconomics:

Some people will never admit a mistake. No matter what I say, they just will not believe me. I have
received emails from some nasty gold fanatics saying the government is right for whenever I put out a
report saying gold will decline – it does. When I go to Capitol Hill, I am introduced as “this is the guy
with the model they are trying to suppress!” Now I am fighting in court because they refuse to issue me
a passport. Why. There are “other issues!” No explanation of course just denial of free speech.
Here is a monthly chart of the US 30-year Treasury bond and the pattern is very clear. The flight-to-
quality is not yet over. I have been warning gold was not ready yet for prime-time. Here we are on the
edge of Europe being torn apart at the seams, socialists taking control of the battlements, inflation
appearing likely, yet gold retreats. Phase ONE of a Sovereign Debt Crisis is international capital flight-to-
quality from one currency to the next. I have warned that the USA would be last to go – not first!

Read More @ ArmstrongEconomics.org

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Trackbacks/Pingbacks

  1. Manipulating the World Economy Or Just Understanding How It Really Functions? - Alternative / News London Ontario - News, sports, entertainment, business, travel, homes and auto sections. - May 30, 2012

    […] Manipulating the World Economy Or Just Understanding How It Really Functions. (wrc559.com) […]

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