The latest hype that the FED is going to stop monetizing the debt and will adopt a bias toward higher interest rates is (in my opinion) more indicative that they have lost the ability to minipulate interest rates down....not a good sign. I put what's left of my retirement in TIPS about 6 months ago and wondered why they weren't performing as would be expected given the ever increasing rates on the longer term bonds....until I discovered that the FED was monetizing the TIPS in particular so they would not act in a manner consistent with their role as a barometer of inflation. We can't have that now can we?

I have to admit...watching gold plummet now...and listening to a lot of the well respected "deflationists" talk about gold being overbought ...I'm beginning to get a queasy feeling in the pit of my stomach. Kind of odd that oil is showing such strength though isn't it?

Personally I think we're all being lied to by the FED, the Treasury, The Banks and the financial media. Call me a conspiracy theorist. I've done my DD and I think they are full of Sh!t.

I think the wheels are going to fall off the bus soon.

Have a great day and buy gold!