Friday, May 29, 2009

Inflation is here!

Gas climbing daily. Gold and silver on a rocket. Dollar tanking. Stock market taking off with no good news. GM still trading above $0.00. Ten year yield steadily climbing as investors balk at US debt. Looks like the fed will have to bail out the Treasury and buy another trillion. Look for more "quantitative easing". Get ready for Weimar.

My gold coins went from $900 to $980.

Looking to buy an inverse bond mutual fund like Proshare's or Rydex.