re: "Quantitative easing (QE)"
It looks like more American money will be flowing to Europe, too.
Cameron just finished telling Germany's Merkel that ONLY SHE can save the EU. He then promptly hopped on a jet for America, no doubt to arrange for an under-the-table transfer of wealth from the U.S. to Germany, to the European Union, to bankers in Greece and Spain.
That's how it works these days. We're enveloped in debt, but still issuing more with which to bail out the rest of the world's banking communities. It doesn't matter if this destroys us. It only matters that Obummer and Bernanke get to keep their jobs in November.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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