GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Sunday, August 31, 2014

John Rubino -- Jacksonhole Is Over-Let The Currency Wars Continue 25.Aug.14






John Rubino was back for our Monday discussion. While the US appears to be ending QE, Europe's economy is going down fast. Will the ECB be doing QE or will it just watch, that's the big question? While they decide, the dollar continues to pick up strength, even though new housing sales continue to decline. But auto sales are up thanks to lower credit standards and cut rate financing, so everything will work out in the long run, right?

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