AT SOME POINT THE STRUCTURALLY UNSUSTAINABLE NATURE OF THE US ECONOMY WILL HAVE TO BE ADMITTED...
WE ARE RAPIDLY COMING TO THE END OF THE DENIAL PHASE...PERHAPS A FEW MORE MONTHS AT BEST.
I DON'T THINK THE US ECONOMY MAKES IT OUT OF 2009 WITHOUT A SERIOUS "ECONOMIC EVENT" HAPPENING...PROBABLY AROUND SEPTEMBER THIS YEAR...SHADES OF 2008!
THIS IS JUST TOO FAR GONE TO HAVE A GOOD RESULT...UNDER ANY CIRCUMSTANCES.
GOLD IS THE ONLY PLACE TO BE...WITH SOME INSURED CASH ON THE SIDELINES.