Sunday, February 7, 2010

Second Phase Of Mortgage Defaults

The true experts know that all the government figures are false and they are lying to us. This is just one of the many reasons there is almost no chance of a real recovery without some major breakthrough in energy or similar. Lets look for the next shoe to fall being the Alta A's and commercial real estate collapse.

There will be a point in 2010 where they will have to pull the plug and devalue the dollar and print money so as not to default on debt. This will lead very rapidly to increase in food prices and likely shortages. Gold and silver is your only protection.