Silver Dollar Values Prices & Gold Prices Will Be Heading Upward To Record Levels!

It is not bad enough that the Federal government is now insolvent, but the consumer is now chasing it down the road to perdition. Read why you need to act now to...
By: Frank Brandenburg
 
May 22, 2012 - PRLog -- And please Mr. Bernanke; don’t let the flood of stagflationary information get in your way. Really feel totally free to continue to claim there's no inflation and that America’s real battle is over deflation.

The U.S. customer must attempt to just imagine that inflation isn’t an issue. The cost of goods imported into the U.S. rose in December, led by greater prices for commodities such as fuels and food. Import prices surged by 1.1% last month following jumping by a revised upward 1.5% gain in November. Visit here now http://www.silver-dollar-values.com for profitable gold and silver investing ideas.

For all of 2010, import prices had been up 4.8%. Nevertheless, the costs of imported food and petroleum were each up over 13% last year. The U.S. dollar is down about 10% on the DXY, since it accomplished a cyclical high on June 7th of last year. The weakness in the U.S. currency has helped send the cost of imported goods higher.
Official inflation information ought to be on the rise as food, fuel and rental prices continue to escalate. In reality, the USDA is expected to confirm these days that stockpiles of grains are the lowest in years. The price of oil is now holding above $90 per barrel and food prices are surging across the globe. And Bernanke nonetheless loses sleep over deflation!

In a sign that the sovereign debt crisis is far from over, the cost to insure debt of Portugal and Ireland against default with credit-default swaps rose to a record yesterday amid concern that funding challenges may force more euro-region countries to seek bailouts. Ex-German European bond yields are nonetheless very high as the European Central Bank actions up its monetization of Portuguese, Greek and Irish government debt. Borrowing more cash to solve a debt issue can only be a temporary answer. Europe is figuring this out now and the U.S. will soon have to discover the same lesson. Read more http://silverdollar.cc

The Fed and Administration has now been successful at getting the grossly over leveraged customer to start destroying their balance sheet as soon as once more.

It is not bad enough that the Federal government is now insolvent, but the consumer is now chasing it down the road to perdition. A minimum of now we have the explanation of how customers were in a position to cram mall parking lots this past holiday season. Regardless of the reality that incomes have been fairly flat and job growth has been anemic, consumers have decided it is ok to pile on debt because they now understand that banks will renegotiate all their non-performing loans after which the government will just bail out the banks.

Consequently, the savings rate will probably be going back towards zero and household debt will creep back towards 100% of GDP. And we are speeding towards another meltdown, only this next one will probably be a lot worse because the government won’t be able to bail out something or anybody. Rather, it'll be the one going about hat in hand.

Now is really a wise time to invest in gold and silver before the American economic climate collapses even further, pushing the prices of gold and silver a lot higher than they're these days! Visit here now http://silver-dollar-values.com for profitable investing ideas.
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Source:Frank Brandenburg
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