Thursday, March 24, 2011

Silver above $38 as Gold Hits New All Time Highs

On March 3, 2011, I delineated six immediate action steps that must occur in order for the U.S. to survive.  That blog was entitled, "Economic Prescription for Growth and U.S. Survival."  Today, I reiterate #6 in which I stated, "An immediate dismissal of the Federal Reserve Chairman, Ben Bernanke.  Why?  The Fed is required to promote both price stability and full employment (economic growth).  Enough said, because we have neither.  Therefore, since he is the individual responsible for monetary policy, he must be accountable and take full responsibility for his disastrous monetary polices that he has implemented."  

The dollar is in a free-fall.  Silver and gold are in a parabolic rise.  Why?  Read #6 again.  The Fed's monetary policy is destroying the basic core ad fabric of not only our economy but our currency.  We need fiscal and monetary polices that will strengthen the dollar!  Therefore, Bernanke must go, now! 

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