The question is, what is the 2011 US$ compared to the 2010 US$. Why is gold up over $1400 per ounce from $960? A lot of it is the devaluation of the US$. Many other countries are devaluing even faster, but this is exactly what Obama and other world leaders promised each other they wouldn't do. Not good!Why doesn't our nation, care about the hundreds of million of responsible people who actually save their money. We have been bent over and raped by the Fed's zero interest rate policy. This has been going on too many years now.
There are hundreds of millions of folks in this country who have been getting zero interest on their savings. Many of us who are retired and/or near retirement have chosen to keep our life savings out of the stock market. (Gee I dont know why.)
I'm so sick of the bull@#$% lies we are force fed everyday. If you want to stimulate the economy, raise interst rates enough to allow our life savings to at least keep up with inflation. Stop trying to force us into the stock market.The EU will fall apart before the U.S. does.
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