As long as US total debt is high relative to GDP, the Fed will have to keep priming the liquidity pump. That can only be bullish for precious metals.
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlYg50ZYURl5uBGe1zoye_zAs3NSbhFecrTGnpwQ9eJb8vtwxd4U2grq6sTDYNKq8qVZRzLAawKjGL1OjsZG4u-6y0wCkY9xgF5CAJ8aRT5vZlESqV_klL-1D5AakBLHvZP16ZSmJSU0F_/s1600-h/TCMDGDPR.JPG
Friday, February 19, 2010
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