On the Road
I will be working away from home for the next few days; therefore, my reports will be smaller than normal.
Benji Bernanke will be meeting privately with House Oversight and Government Reform Committee Chairman Darrell Issa and other lawmakers. The meeting will be about the Fed’s exit strategy from its current open-ended monetization of the U.S. debt. So, who will be the top dog in that room? Benji or the gutless Republicans?
Those, who have put their reputation on the line for Obama, are now scared out of their collective wits. With the IRS going rogue and openly defying Congress, they have no choice but to grow a pair. The question is… Is it too late to call a special prosecutor and will it make any difference at this point? Of course, these same people wouldn’t have seen Obama’s scandals even if Obama sent them an invitation, drew them a map, and provided them an event schedule.
Distraction on Immigration
Planned or not, Democrats are taking advantage of the scandals to push forward on their amnesty plan in the immigration bill. Will they succeed? That depends upon how bad Republicans want Obama out of the White House.
The Big Picture
For those worried about the silver and gold prices, please watch this video where Mike Maloney carefully takes the viewer through the charts. In short, if you have physical, rest easy. Also, after preparing, keep stacking physical.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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