In the "where ye been" department... Why is it that when the pop media finally decides to report something, libertarians have already been talking about it for ages? For about two years, we've been talking about how the Chinese gubment and big-time investors are avoiding US Bonds like leprosy. And we've explained why: because those bonds will be paid back with devalued currency, ie, WORTH-LESS... What are the entities buying US debt? Yeah, you got it, the FEDERAL RESERVE -- which just invents its money to buy the bonds -- and the banks is coerces... It's been manifest for a long, long time... And the reason for it is also staring people in the face - the Dollar is on a crash course and will only look "good" relative to the Euro, and only for a brief period. Once those inevitable price increases kick in here, look out, and I hope you have some hard metals...

http://www.cnbc.com/id/47633576

Be Seeing You!