The real story..
Bernanke’s announcement yesterday reaffirms our belief that the real story behind the US economic (poor) health will continue for some time and make it incredibly difficult for any ‘tapering’ of money printing to occur or be sustained. What else gets little discussion is just who would step in to buy the 90% of US Treasuries the US themselves are buying should they stop. Today we’ve posted an excellent article from ShadowStats founder John Williams. John puts the reality proposition forward better than most as he strips away the creative accounting of the politicians outlining why the fundamentals for owning gold and silver have never been stronger.