EVERYTHING MATTERS

The leading German car company says "Everything Matters" in it's latest advertising. They get it and they are right.

We don't.. and can't... even price the IPO of our largest car company currently owned and controlled by the lawyers ruling our country.

The now hysterical effort to inflate away our debt and future liabilities has become embarrassing. Gold says it all.

How long will bond "investors" tolerate a manipulated market and negative real returns? At what cost to our currency and it's buying power will we allow such dilution?

As the Dutch Finance Minister said, "Its time to turn off the money faucet."

Fun facts:
-Seven million Muslims live in the USA
-North America accounts for half of all global credit card transactions and a quarter of all purchases are now from Asia
-40% of all mortgages are still under water....thus the hoped for refinancing wave from the new low interest rates.
-Scrap markets make up a very material amount of precious metal supply and that market is seeing shortages now...especially gold.
-Food stamps go to 43.3 million Americans? Up 18% from a year ago? Who is managing that allocation? Oh yes the "White House".
-A one percentage point increase in interest rates would result in a -17.72% loss to the owner of a 30 year treasury bond....before currency losses.

Nobody even mentions the move in oil now....they will.....
Oh Yea....the rulers of this country banned drilling for new oil. Almost funny isn't it?


Danny Boy seen here enjoying the wall of worry in equity equivalent hard assets.