This week's stories...
#1 JPMorgan: "Surging Food Prices Fueling Global Inflation " - Actually They Have It Backwards
#2 Barron's: US Will See Run on Treasurys, Hyperinflation
#3 Virginia To Study Monetary Alternatives In Case Of Terminal Fed "Breakdown"
#4 Bank of America Gets Backdoor Bailout
#5 Numismatics Are Fool's Gold - Peter Schiff
#6 New Mexico's Governor-elect Susana Martinez FIRED the entire state environmental board and halted all cap-and-trade schemes.
#7 Abu Dhabi created 50 off-season rainstorms last year
#8 Ron Paul Warns of 'Cataclysmic' Economic Crisis
#9 Home price drops exceed Great Depression: Zillow
JP Morgan doesn't fail to understand. They just spin the understanding.
Thanks! This, I believe, is the best ICN episode yet. I have forwarded link to my email contacts and encouraged them to donate.
I agree with others here, it seems the double-dip, crash-through-the-floor is near. Let's contact our local government officials to follow the example of the Virginia legislature.
PETER SCHIFF
Thursday, January 27, 2011
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