The price of gold, among other things

Do you know what an ounce of gold sells for these days? It passed $700 earlier this week, with no end in sight. Gold, or any precious metal, is a hedge against inflation. Personally, on my portfolio, gold is over 12.5 times ahead of the other three (+31.99 versus +2.53). If I eliminate bond, which it is the only product I lost money, gold still was ahead almost 3 times (+31.99 versus +10.88). Since the potential of inflation is real, the Feds raised the interest rates continually for the past two years straight (no wonder my bond lost money!) to curb loans to the private sector (and thus, to curb inflation). But, the Feds still maintain the money supply to fund the government. And, within the last two months, the Feds quit publication of the M3 monetary aggregate. M3 is the best indicator of monetary inflation.

What all of this means?

Read today's DownsizeDC.org's Downsizer-Dispatch, and you will know the truth. I tell you what, it is not good for this country for sure. You can take action at the end of the article, if you want. Some of you will look the other way and take a blind eye at the obvious and think, "It is fine." The last group of you, I can't help it if that is your choice. But you should face the reality. As Thomas Jefferson once said about trying to be informed, "If a nation [or an individual] expects to be ignorant and free, in a state of civilization, it expects what never was, and never will be." Now, all I can do is speak the truth. It is up to you to listen, absorb, reflect, and act.