|Flashing the sign|
Italy is a complete disaster and will require hundreds of billions to keep it afloat over the next year. The ECB will print. We will print for them also. That's right we will send Federal Reserve money through the IMF to bailout Italy. Don't worry this has been going on for several years now.
Arch Crawford gives May 21 as a day "all hell breaks loose"........write it down. My prediction remains March as the beginning of the real PM bull market. We're in a hell of a mess right now and we gave up on our constitution after 9/11. Never let a crisis go to waste. And they didn't.
Action on the miners doesn't really mean much short term so relax. Until breakout we are still in an overall bottoming process.
The news over the next week will be dominated by the latest fiscal crisis (the Sequester). Its another distracting event so ignore the noise. Pay attention to the bullion. Follow the MONEY. Gold and silver BULLION are MONEY. Never forget the first rule. FOLLOW THE MONEY!
Let's not overlook the other side of Rome There are only two powers capable of taking down the Pope....Why now?
According to the Vatican, the Pope today met with Spanish Cardinal, Julián Herranz; Cardinal Salvatore De Giorgi, a former archbishop of Palermo; and the Slovak cardinal Jozef Tomko - nicknamed 'the 007 Cardinals' by the Italian media - in private.
A statement from the Vatican said: 'The Holy Father has decided that the acts of this investigation, known only to himself, remain solely at the disposition of the new pope.'
Thanking the cardinals for their investigation, the statement added: 'Their work made it possible to detect, given the limitations and imperfections of the human factor of every institution, the generosity and dedication of those who work with uprightness and generosity in the Holy See.'
Read more: http://www.dailymail.co.uk/news/article-2284434/For-Popes-eyes-Report-Vatileaks-scandal-remain-confidential-seen-Pontiff.html#ixzz2LxvXyCOt
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