I found this on GoldPrices Newsletter. I hate to keep repeating the same gloom and doom, but the Pollyanna financial media are trying to lull you back into complacency and back into the stock market. Now if you feel compelled to suspend your disbelieve and dive in please this exercise first. Go back in your mind to DOW 15,000 and tell the truth. Wasn't it exactly this way? Didn't you feel complacent, did you sense that most of the investing world felt the complacent?
If you answered no to the the first question and yes to the second you probably arn't itchin to jump in anyway.
Marc Faber reckons it is now 100% guaranteed that we will have hyperinflation . Peter Schiff believes that we will have hyperinflation which will be must worse than that experienced in the 1970s unless we change course right now as quantitative easing is inflation.
Marc Faber reckons it is now 100% guaranteed that we will have hyperinflation as in his opinion Tim Geithner and Ben Bernanke have never worked in the private sector and do not know what a balance sheet is!
Peter Schiff is very anti bailouts and says that we should allow the recession to happen before we drive the economy into a depression.
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