Monday, January 21, 2008

US DOLLAR TO BE SMASHED TO SMITHEREENS?





The Recession That Never Was
by Howard S. Katz

Currently the stock market is being hammered down by propaganda about the coming recession. Of course, when the propaganda is successful and Bernanke completes his easing, this will make stocks go up. Those who listen to the recession propaganda and sell will sell near the bottom. It was precisely to deal with situations like this that the old timers made the rule, buy when there is blood in the streets. However, the rule should have been, buy when there is blood in the media because what is happening is not happening in reality, only in people’s minds. Again, in deciding on a massive easing at a time when the dollar was very weak anyway, Bernanke essentially threw the dollar out the window. The U.S. central bank has made the decision to trash its own currency. I don’t have to tell you that this means BUY GOLD. Unfortunately, most of our sources of information in this society are full of lies. Their purpose is to make the banks and their other vested interests rich, and to do this they have to make you poor. Believe the lies, and you are a loser.

Please read the entire essay. Mr Katz explains how economics really work with regard to "growth" and "recession" and proceeds to explain the lie that is being told to the public in an all out effort to bail out the banks and Wall Street at the expense of the average American.

The damage the Fed has done, is doing, and will do to this nation could never be surpassed by any fledgling terrorist. Those "in charge" are doing plenty to destroy the nation from within. Terrorism is the cover they have used to steal this nation's wealth.

By this time next week, Gold may have supplanted the US Dollar as the World's "currency of choice". I just hope the lights still come on in the morning.




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