Gold is above $900 per ounce

If you will carefully look at the VIRAL V1.1 charts it shows an upward course for Gold. Posted either in the DGS letter or on the blog



The 64 quadratrillion dollar question is HOW IS THE USA going about gathering all this funding for all the cash they have promised.

IF they go to "Quantitative EASING" that makes it they will PRINT MONEY, and HYPER INFLATION BLOWs US away.
IF they decide to BORROW this money, then they become the mother of all HOOVERS, and remove grundles of money from the system. HENCE Crash !!

So the real question is, how much of each will they do ?

Next, when was the last time GOLD and $USD went uptogether ? ANSWER,
Year 2005 + 3 extra months. What happened after that ??? DYODD and enjoy
DG

>>>>http://denaliguidesummit.blogspot.com/

Only a positive balance of trade will restore the value of the dollar, and we must accomplish this by any means possible, or accept third world poverty on a large scale basis. Riots and insurrection are predictable, ala the French Revolution, when the people find their situations economically hopeless.

The only thing that will save the value of the US dollar is the re-building of our gold reserves. The only way to do this is to produce export more (dollar value of) things than we import. The only way that we can accomplish exporting is to re-industrialize and make these products with US materials & Labor. In the last few decades we have purposefully destroyed the industrial base that won WWII and gave us today's bountiful way of life. Paying people to pave roads, build infrastructure, plant trees, dig holes then refill the same holes, rake leaves, write poems, paint pictures, etc. will not be useful or contribute anything to correcting the US economic problem.

What if the US government prints up a bunch of new paper money and other similar paper securities to pay people to re-build and expand the US infrastructure (Pork Barrel Projects) in order to reduce unemployment, and it is all then spent on illegal aliens, imported earth-moving machinery, imported materials (Steel, equipment, Pipe & Wire), outsourced engineering, outsourced CAD drafting, immigrant labor, etc., and the US workers are still unemployed? This is probably necessary at this time, even if it will cause massive inflation (until a loaf of bread costs $200.00 or maybe $2,000.00). Any Economic Stimulus Spending also needs to prohibit any imported products (even if we no longer manufacture those products) from being purchased with these funds, and also prohibit all outsourcing of the Labor Required.

The dollar buying power or value is partly about psychology when it is backed by the "full faith and credit of the US government" rather than gold. This is the same as my definition of "Junk Bonds". The industrial producing nations and individuals will continue to accept our freshly printed dollars, T-Bills, Government Bonds, etc. as long as we allow the industrial nations to redeem these freshly printed US money for title to real estate, forests, industries, breweries, hotels, factories, casinos, financial institutions and everything else of value that is located in the USA instead of Gold.

There is (probably) a limit to the amount of paper dollars that the foreign country manufacturing people and the foreign country raw material supplying people will continue to accept in payment for USA imports. This limit will become apparent as soon as foreigners own title to everything of value in the USA and nothing is left that the foreign dollar holders want to buy with their "freshly printed" paper dollars. This is selling of our children's legacy to foreign owners, and the US government calls it "Investing in America".

We paid these foreigners with our freshly printed dollars to manufacture or supply the things that we imported and consumed (rather than have US citizens working to make these products ourselves in this country). Some government sources estimate that 25% of our property and businesses are now foreign owned (http://www.economyincrisis.org/content/ownership). The foreigners do not buy very much of what we manufacture. What do we still manufacture that we could sell to any foreign nation????? I cannot think of anything that they might want.

It is not the foreign manufacturer's fault that this condition exists. We created this condition ourselves. We purposefully destroyed most of our industries and fired all of the employees that were located in the US for various reasons. Why should we work and make the things that we consume as long we can get people in other countries to work to make these things for our consumption? We can pay them with freshly printed-paper currencies and other types of freshly printed-paper securities (Junk Bonds). They can redeem these freshly printed-paper currencies by exchanging them for title to our real estate, hotels, forests, breweries, casinos, factories, and our remaining businesses (instead of Gold). Our Stupid Legislators, Ignorant Government Employees, Self Serving Corporate Managers, Greedy Unions, Wall Street Financial Genius Criminals, Enron and Arthur Anderson type Master Criminals, NAFTA, EPA, WTO, and OSHA, just to name a few, have created this situation.

How can we ever re-start our industries (re-industrialize) to generate a positive balance of trade that will restore our economy? Most of the men who knew how to operate the US basic industry and factories were fired 30 years ago and are now probably long dead or senile. There are no books that completely tell how to do most of the things that we knew how to do years ago when we created the industries that won WWII and gave us our current bountiful way of life. We need science-oriented citizens to create products and services that we can exchange for foreign currency and foreign Gold.

Our computer programming technology and expertise (Microsoft etc.) has helped our balance of payments considerably in the past, but the lack of technical education in this country today will soon destroy this export capability when foreign countries become better than the USA at creating new computer software programs.

Visit the Texas Medical Center (MD Anderson) and witness the percentage of women wearing Burkas to get a clue as to the percentage of foreign medical service income is received at the Texas Medical Center, and this improves our foreign trade balance.

We also need more engineers to innovate and produce new products to export and also to export services that will improve our balance of trade.