They think they are going to print enough money to reduce the value of the debt enough to make everything go away.
It’s like trying to get a little bit pregnant, which is impossible to do. So, once they start monetizing debt in that way, then that’s it. The dollar is going to get killed.
That’s where we are headed. That’s the only thing that hasn’t happened yet. Gold has broken out. Gold is over $1,500 per ounce, and it is hitting record highs in most currencies.
Not in the dollar, yet. The dollar is still relatively strong against other fiat currencies, but the fact it is this weak against gold shows you there is a lot of underlying weakness in the dollar that has yet to manifest, but that is going to happen. When the dollar starts to fall, that’s going to take the bond market down with it.
- Source, USA Watchdog
