The Dollar Crisis Will Soon Trigger a Global Investment Crisis(4)

So in essence, this time around, I can't blame the feds, but only the talking heads that parade as experts for fooling the masses.

The words Bernanke used were not “solve” the tighter credit conditions, not “turn around” the tighter credit conditions, but “try to forestall” them.

He admitted as much that slashing interest rates were nothing but a mere band-aid solution to a much deeper problem.


The signs are everywhere,

i) from skyrocketing gold prices,

ii) from silver prices that will most likely explode soon past the $15 an ounce territory and maybe even approach $20 an ounce in 2008,

iii) from a rapidly deflating dollar (despite its current rebound which can not possibly be anything more than a short-term bounce),

iv) to the presence of inverted yield curves this year when 3-month U.S. T-notes yielded greater interest rates than 10-yr U.S. T-bonds

(by the way, an inverted yield curve has only happened 7 times since 1960, and 6 of them preceded recessions).





By J.S Kim