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Ranting Andy Hoffman--The Illusion Is Slowly Shattering 06.May

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The economy is horrible and getting more horrible by the day. The Fed said they'll keep buying $85 billion in bonds per month unless they need to buy more or if they need to buy less. The odds are that they'll be buying more not less, you can be sure. Bernanke keeps spewing Fed gobbledygook and no one seems to notice. However, the break between the paper and physical precious metals markets continues to widen, so someone, somewhere gets it. But certainly no one in a policy making position in the Western World could care less. So keep stacking!

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