by J. Johnson
JSMineset
Good Day,
It seems too much is going on; the news is overwhelming. We‘ve witnessed over the past week our Federal Reserve cut rates to zero with reactions from Canada, and the UK, but not Europe. We all know that Repos are accelerating, more than doubling the doublings since September and the creation of new money is like watching Mount St. Helen’s and Krakatoa going off at the same time with falling debris not affecting the population, yet. The fast-rising value in the US Dollar, is acting like a blow off top, as I witnessed the Dollar gain another 200+ basis points during the day. I am also quite certain that our long-term focus, over all these years, regarding the devaluation of the Dollar and the rise of precious metals, is much closer to happening.