September 20, 2007

re: Will the Fed Drive the Final Stake into the Empire?

Here’s the money quote from Jim Rogers: “If Ben Bernanke starts running those printing presses even faster than he’s already doing, we are going to have a serious recession. The dollar’s going to collapse, the bond market’s going to collapse. There’s going to be a lot of problems.”

– If it weren’t for the threat of force, oil-producing Arab states would have started selling oil in gold by now — and used that to transition towards a Gold Dinar standard.