Tuesday, December 11, 2007

Federal Reserve Corporation cuts interest rates again



Another last chance effort to save the dying dollar, Wall Street bloodhounds will of course take the bait and make what they can but I think it is too late. This latest cut is like putting a Band-Aid over an amputated leg. Look for some more warning signs of the impending financial doom. The first is War with Iran, second any so called terrorist alert, third gold and silver prices skyrocket. Remember the holiday shopping report is due in January and so far, things are not looking good for the first quarter. The good news is when this does happen we can go back to the gold and silver standards as stated in our Constitution.

No comments: