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View Diary: Gold, glacier water, and poisoning native Chileans: is this true? (22 comments)

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  •  The fucking Bush Admin is inflating the price of (3+ / 0-)
    Recommended by:
    ChemGeek, Major Danby, mariachi mama

    gold, and that's making this kind of thing economic.


    •  Perhaps it's not only the value of gold going up (3+ / 0-)
      Recommended by:
      melo, peeder, Major Danby

      so much as the value of the dollar going down.


    •  If Anything ... (1+ / 0-)
      Recommended by:

      If anything, the administration wants the price of gold to remain low.

      Judging from recent events ... i.e., months of repeated twenty-five year highs in the price gold, with those prices beginning to approach the all-time high of mid-1980 ... they've handled this about as well as they've handled everything else.

      Wake up, the price of gold is going through the roof, and will continue to do so for a long time to come, because the Fed ... and all of the planet's other central banks ... have flooded the world with unspeakably staggering amounts of money, all of it backed by nothing other than nice promises and kind words.

      Said promises and kind words are beginning to grow rather thin right on about now ...

      That said, the equally unspeakably staggering federal debt and trade deficit are both doing wonders in exacerbating this situation.

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