“I’ve fallen and I can’t get up!”

gold reserves

November 2009 Comment: This is one of those pictures that truly IS worth a thousand words…
But a few questions remain. Was this a “fall” of an accidental nature, or has it simply been beaten and pinned fair and square? Or perhaps more to the point, does it even REALLY WANT to get up again? Despite Timothy Geithner’s constant proclamations that a “strong dollar” is in our best interest, the prevailing policy seems to be not proactive in that regard but rather one of benign neglect — or rather intentional neglect insofar as the prevailing quantitative easing programs would indicate.

Ed Stein — main page, — Nov 13, 2009

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