“The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.” WayAbleInterestTaxesConsequenceIncreaseSellsRateAbsenceInevitableFundFedsPrintInflationDeficitPrintingRecessionsTreasuryInterest RateBuyersRunawayTax Increases Author:Doug Casey
“The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of.” ThinkingWayI CanRiskHigherHighestGoldInvestmentCurrentsLowest Author:Doug Casey
