Avalanche of Fed Spending Prompts Fears over Value of Dollar - Gold Hits Mega-High

Not that free-marketeers haven't been saying this would happen. Remember, it will take some weeks before the Senate and House "compromise" on their various health fascism bills. If something passes (and we predict that they will pass regulations forcing insurance companies to take people with pre-existing conditions, a set-up for the downfall of private insurance), the price of gold will then soar. If something is not passed, then the mirage "recovery" will see the stock market rise, gold moderate for a few months, and then inflation will start to be seen, which will prompt gold to rise higher and higher.

The highs you see now will seem like nothing when those days come.

http://www.bloomberg.com/apps/news?pid=20601082&sid=a6xZX59vB8k0

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