2009-Massive Bull Run on GOLD and SILVER coming! HAPPY NEW YEAR!

With the massive monetary expansion experienced in recent months and the promise for unprecedented levels of money and credit supply increase in coming months, the United States Federal Reserve looks on paper to be sending America straight into hyperinflation. Germany's post-World War I Weimar Republic, post-World War II Hungary, 2001 Argentina, and present day Zimbabwe are all analogous examples of massive debt monetization, which all led to hyperinflationary disaster. Never before has the entire world's economy been linked to one nation's, however, as is the case today with the United States.
The answer is gold, and it is the only way to prevent the hyperinflationary scenarios referenced above from materializing in the United States. My prediction: gold breaks $2000/oz in 2009 and $10,000/oz by 2012.
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Interesting Article below on the Coming Depression:
I want to be bitter about the year 2008. I really do.

You don’t need a deep level of understanding to be upset by this year.

Among the obvious reasons:

• Oil trading at $147 per barrel broke my bank over the summer as I paid $4.40 for gas.



• Oil trading at $31 this month is just insulting with the economy so badly off. More people in the United States can afford gasoline, 1 in 10 of those to go to a job they no longer have.

• Nearly 2 million people in the United States have lost their jobs in the last 12 months. Another 3 million could lose their jobs in the next 12 months. And I’m not sure that takes into any account the vagaries of the auto industry.

• This is the worst recession since the Great Depression, we hear. At that point, 1 in 4 Americans was without a job. Imagine knowing twice as many people without a job, then hope with all your might that something turns around to keep that from happening.

Although the newspaper industry is burning at only a slightly slower rate compared to the automotive inferno, I am a lucky one to have a job (so much for being bitter). But some of the ironies that exist among people I know are unbelievable. They draw sarcasm like blood.

One example belongs to my best friend, a security guard who lives in Detroit. Seven months ago he was unemployed and had a place to live. He’s now homeless, living with an acquaintance whose home is also being foreclosed upon. He’s got until February to find the next place to land. Some of you may recognize his name, Damien, from a column I wrote about him three years ago after he landed a job at a mortgage broker.
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