binford xlAccording to investment banker James Rickards, rumors of the Federal Reserve ending the money printing propping up the markets is not going to end anytime soon. Rickards predicts, “My view is they won’t. The economy is fundamentally weak. We have 50 million on food stamps, 24 million unemployed and 11 million on disability, and all these numbers are going up.” When the subject of gold confiscation came up, Rickards said, “I just don’t think it will happen because the government will find it will be very hard to enforce.” Join Greg Hunter as he goes One-on-One with Jim Rickards, the best-selling author of “Currency Wars.”

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    • Like the unimitable Zerohedge tells us, the 7yr has spiked to to years highs, and Obama is meeting with the heads of the Financial clique again. If anyone whispers ”taper”, rates go from spiking, to blasting off and its game over. Whack a mole with tell tail gold is back in effect today. 

  1. From that I am reading, with Bernanke leaving and Summers the favorite to assume the role of Chairsatan, the Fed will go from headless to heedless to ‘full retard’ 
    Summers has a one unique ability.
    He screws the pooch wherever he goes. And does so with the arrogance of an idiot savant with a loaded gun.  
     When he gets involved in the financial end of things, his performance is epic–epicly bad. 
    His tenure at Harvard cost their endowment fund billions in losses based on his bad advice and bets on investments.  I think it was in derivatives.  He go the boot when he opined about the differences between the intelligence difference between men and women.  The fem-libs went bonkers and he was out. 
    The man is a walking talking NWO cluster******.   Perfect for the Fed as it spirals into oblivion and irrelevancy.  Just like the dollar.  He’ll just accelerate the process.

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