C.K. Bigoldi: What's wrong with you? The economy "grew" by 3.5% last quarter and acording to the fawning white guilt media, the recession has bottomed out. Of course, no one has brokendown how much of this GDP growth can be attributed to the weak dollar; government one time, or hopefully only one time injection of funds to "save" government related jobs, or how oil prices, rising now because of the wealk dollar, will go up even higher when demand increases due a worldwide recovery; nope none of that, but GDP has gone up 3.5% this quater. Maybe BO can collect a Nobel in Economics when he gets the Peace prize. He's done as much for one as he has for the other.

Roger: I think you're on the money, so to speak. I've been mentioning a coming inflation for a while, and I think its coming soon.

Gold prices yesterday surged to an all-time high after India's central bank bought 200 tonnes of the precious metal, swapping dollars for bullion as the country's finance minister warned that the economies of the US and Europe had "collapsed".

India's decision to exchange $6.7bn for gold, equivalent to 8 per cent of world annual mine production, sent the strongest signal yet that Asian countries were moving away from the US currency. [Source: http://tinyurl.com/yhlhun7]

The dollar is seen as increasingly toxic and worthless as a world currency, since we're printing them as quickly as we can. The dollar's value on an index has fallen 14 cents since February, and continues to trend downward.

Yes... it's going to get ugly and soon.

I hope you just turn out to be a worried doomster. You've been writing this same message for some time. I saw some old video footage the other day from the Great Depression. It showed a Southern Democrat who supported Roosevelt's New Deal ideas and a Northern Republican who said if these policies were implemented, the US would be headed straight toward destruction. I laughed as I thought about how the times haven't changed one bit. I hope we're not doomed, though!