Keynesian Dither versus Reality of Gold 
I have often identified Keynesian economists and the Federal Reserve as cargo cults. After the U.S. won World War II in the Pacific Theater, its forces left huge stockpiles of goods behind on remote South Pacific islands because it wasn’t worth taking it all back to America. After the Americans left, some islanders, nostalgic for the seemingly endless fleet of ships loaded with technological goodies, started Cargo Cults that believed magical rituals and incantations would bring the ships of “free” wealth back. Some mimicked technology by painting radio dials on rocks and using the phantom radio to “call back” the “free wealth” ships. The Keynesians are like deluded members of a Cargo Cult. They ignore the reality of debt, rising interest payments and the resulting debt-serfdom in their belief that money spent indiscriminately on friction, fraud, speculation and malinvestment will magically call back the fleet of rapid growth. To the Keynesian, a Bridge to Nowhere is equally worthy of borrowed money as a high-tech factory. They are unable to distinguish between sterile sand and fertilizer, and unable to grasp the fact that ever-rising debt leaves America a nation of wealthy banks and increasingly impoverished debt-serfs.
All looking good for a 4th quarter recession. QE3 may or may not be brought into play. If The Bernanke thought it would work, he would have done it two months ago. The irony is that even though it will not work, he might do it anyway because in his little anti-Capitalist, pro-Keyensian mind he has no other option. Now, the question is....how long before the entire global economy collapses into recession. I am thinking real stress marks by July if Romney wins the election....but if America's failed president wins a second term, going with the end of March, early part of April and it will be all over. Own gold. Dead simple.