Another barrier is broken on Gold. This is another indicator of our economic health.
Gold is an investment of last resort, especially when they do not trust other investment instruments.
It is that trust that the government has been trying to prop up. And we are seeing it begin to crumble as people wake up to the true state of our economy.
It is a house of cards so look out over the next 3-6 months, it may be a wild ride…there is so much in the news about globalism. The system is being setup for us to collapse into…
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Gold Breaks Psychological Barrier
Gold has continued its astronomical ascent, reaching a new record-breaking high of $1,300 an ounce today. This is the fourth day of record high gold prices.
Earlier in the week, the precious metal surged after Federal Reserve boss Bernanke said the banksters will provide extra “monetary stimulus” to boost the collapsing economy.
The Fed announced it will manipulate the money supply — i.e., it will crank up the printing machines, known in polite circles as quantitative easing — in a concerted effort to create inflation. The Fed says it is artifically creating inflation in response an unemployment rate that is beginning to rival that of the Great Depression.
myBlessedHope 