The Metastasis of Moral Hazard and its Effect on Gold

September 1, 2009
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An excerpt: Denial is a psychotropic, mind-altering drug that by comparison makes crack cocaine look like health food, and addiction to it shuts down the brain. America’s denial about its out-of-control spending, non-repayable debt, financial sector fraud and deceit, decadent political institutions, epic dereliction of leadership duty, fiscal and monetary immorality, and disastrously dishonest system of cronyism is leading the nation into an economic nuclear winter of desolation and chaos. Aside from Ron Paul, there is not one politician telling the people the truth about their oncoming debt enslavement and impoverishment; nor is there even one sign of constructive fiscal change on the horizon. Our visionless, gutless and greed-stricken leaders have transformed the United States into a cowardly new world.One need not agree with the conclusions regarding gold to be pounded by the preceding portions.

The article is at: http://www.kitco.com/ind/Dougherty/aug262009.html  It says a lot and says it clearly. Read and forward.

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