Peter Schiff : the FED creates money out of thin air . As Russia is set to receive a huge economic boost due to the announcement today that they will host the World Cup in 2018, the United States is still suffering from a sluggish economy that is not producing jobs. At the height of the financial crisis, major financial institutions needed a bailout from the US government but the US yet to impose stricter financial regulations, weakening the US dollar.
Thursday, December 2, 2010
Holiday Year End Melt Up
http://www.royalmetalsgroup.com/With Stocks, Precious Metals & Commodities up, one can only assume that we are in a "Year End Meltup". With China & Russia giving up on the dollar, the question is when will the US economy face the same type of inflation that is now devastating food prices in China. QE2 to infinity is not a sound economic policy. Other countries will only allow the exporting of Inflation for so long. When other countries, like Russia and China, begin to move away from the USD, what contingency plans to we have left.
NASA confirms: Aliens are among us
NASA held a press conference Thursday afternoon in which they revealed the discovery of arsenic-based life forms on Earth. Many believe that this proves there is the possibility life was or is on other planets already. Space Entrepreneur Jeff Manber says this is a huge discovery because it changes the way scientists view how life can be sustained.
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