RE: John MackenzieThis is such a powerful paragraph within the article that it bears printing again by itself. I wonder if many Americans understand the gravity of the situation. Thanks for that SU.
Regards, DH
"We became a net importer of food this week past, a pivotal and very important event. As dismal as the above may appear, there is no end in sight to the wanton disregard for speculative excess. At some point in the very real and very near future the “things we need” will begin to experience sudden and dramatic “price” increases. The real and very negative rate environment is exceptionally bullish for Gold. Gold has lagged Base Metals and Crude Oil. I do not believe Crude Oil is about to plunge, but instead reverse off this most recent level of support and surge higher; $64.00 appears to be in sight, then likely, far higher. Import prices - Already shows signs of accelerating."