Audit of the Fed Would Hurt Country

“Fed Vice Chairman Donald Kohn said opening up some of the U.S. central bank’s most sensitive decisions to political scrutiny could result in higher long-term interest rates and hurt the United States’ credit rating” reports Reuters.

Now what does that tell you? So we shouldn’t know what’s really going on because if we did, we would be shocked as to what’s going on. What is that for some reverse psychology?

A friend of mine told me to buy silver the other night. Smiling, as I mentioned I’d been so early to the precious metals party that it was rather sad, I asked “So in a one-liner why should I own silver?” “Becasue it has value”.

I replied, “Somewhat true, its more like – ‘Because nothing else offers the same value”.


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