SurvivalBlog’s Poet Laureate (“G.G.”) sent this: Jim Grant Is Confident QE 2.0 Is Just Around The Corner. Grant’s thoughts on new Fed additions: “I think the first order of business will be to try once more to print
enough dollars to make something happen in the U.S. economy.”
Democrats and AARP want to make IRA enrollment automatic
Items from The Economatrix:
Eurozone: Portugal Debts Spark Panics
Goldman Sachs Lifts Gold Forecast to $1,355
Dollar Slides After Greek Debt Auction Bolsters Confidence in Europe
Stocks Sink On Weak Consumer Sentiments, Bank Earns
Consumer Prices Dip for Third Straight Month
China Reduces US Debt Holdings in May Talk about positioning yourself before the fall!
Fed’s Volte Face Sends Dollar Tumbling “Rarely before have a few coded words in the minutes of the US Federal Reserve caused such an upheaval in the global currency system, or such a sudden flight from the dollar.”