RE: RE: RE: RE: RE: RE: GOLD DROP Yes, but they're issuing new debt at very fast rates. The US will have problems raising all of the cash they need if rates go up. It will hurt their credit rating and ability to raise cash - which will lead to the need for more money-printing. Of course, when/if inflation appears, this will lead to a big problem/crisis for the fed, but i honestly don't see any way out of this problem, other than 5-10% annual GDP growth for 5+ years, which isn't gonna happen.
We're not gonna grow our way out of this. We really either need to print our way out of it or get severaly downgraded. Both of those scenarios are very bullish for gold, which is why China is loading up on it.