Great Advice for Everyone . . . and at Zero Cost

. . . and the Big Implication Here is:

Don’t trust what your government is saying; do your own homework and decide for yourself whether what they’re saying is true.

Today, any banking problem can rapidly turn into a BIG problem. Without a functioning banking system, nothing good happens. Keep a close eye on the PIGS banks.
Having some gold and silver can’t hurt. Someone told Kunstler at a meeting in Atlanta, that the Fed was expecting massive commercial loan losses in the USA. That could require another bailout, which could be difficult to get through the US Congress after November.
Want to gamble? Buy BP, and hope the Wednesday mud pump well leak kill works.

@ Bill Simpson: Well said!

Clueless Keynesian Fools:
The FED knows that the global financial mess they created is getting worse; yet, ironically, these Keynesian fools are clueless and don’t know what else to do, except start a new round of QE.

Let’s Print $5 Trillion This Time:
Consistent with their mentality and actual comments on QE effectiveness (e.g. “we just have to keep at this for a long enough time frame…” I fully expect the next round of QE to begin this summer, well prior to the November elections… however, I fully expect that they’ll bring out the “nuclear option”. In other words, since $2 trillion wasn’t enough in their minds, maybe $5 trillion will do the “trick.”

Doesn’t really matter anymore, because the USA is past “the point of no return.”