Thursday October 24th, 2013
Meet the New Boss, Same as the Old Boss (The Dollar Vigilante)
Lest some dark blemish emerges from Janet Yellenís record, it appears she will be the next Chairwoman of the Federal Reserve. Wall Street and the big banks are cheering on the decision as Yellen will likely continue with her predecessorís quantitative easing-to-infinity-and-beyond policy. That means more money printing, more economic distortion, more demand for gold, and a greater bust waiting for all of us just around the bend.