GOLD SOARS TODAY...PERHAPS ON FEARS THAT SOMEONE WILL MENTION THE UNMENTIONABLES THIS WEEKEND...
THAT IS THE TOXIC POSITION OF THE DOLLAR IN THE WORLD ECONOMY...AND THE MASSIVE STRUCTURAL TRADE DEFICIT OF THE US WITH THE WORLD...ESPECIALLY CHINA.
AMID THE CRISIS THE "UNTOUCHABLE" STATUS OF THE TRADE DEFICIT, THE DOLLAR AND THE ROLL OF FREE TRADE IN DECIMATING THE US MANUFACTUING SECTOR IS ALWAYS AVOIDED BY THE US MEDIA...
IT'S A "NO GO ZONE" FOR TOUT TV...SO PROBLEMS ARE ALWAYS...EXPLAINED AWAY BY OTHER MEANS...OR JUST IGNORED.
EVERYONE KNOWS THAT THE DOLLAR IS BEING MASSIVELY PRINTED...AND THAT THE TRADE DEFICIT IS TOXIC TO THE DOLLAR AND THE US ECONOMY...
BUT THE OPERATING NOTION IN WASHINGTON AND ON WALL STREET....IS "WE DON'T TALK ABOUT THAT...!!"
WELL SOMEONE MIGHT START TALKING ABOUT IT...BECAUSE THE INEVITABILITY OF A MASSIVE DOLLAR DEVALUATION....IS ON THE MINDS OF EVERYONE WHO STILL THINKS LOGICALLY....
NEVER HAS THERE BEEN AN ECONOMY SO TOXIC TO THE WORLD AS THE US ECONOMY IS NOW...
WILL THE G-20...HOLD THEIR TONGUES...LIKE THE US TOUTS...AND NOT MENTION THIS...?
WELL, THE ACTION IN GOLD TODAY...SAYS PERHAPS NOT...!!
