This is a news RED ALERT.
According to news wire services this morning, via Karl Denninger of Market Ticker, the FDIC is flat broke.
This is the organization that insures the bank accounts of multi-millions of Americans.
Read all about it HERE and HERE.
Take immediate action to protect your assets, folks! The crash is drawing near.
Tuesday, November 24, 2009
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1 comment:
The government can always print more money so how are they broke [sarcasm].
Good grief. Talk about fiscal irresponsibility. This news is one of the reasons I think that gold is doing so well. Right now the app, ExactPrice, shows the yellow metal at $1,182.800 an ounce. Add to this the news of Russia buying gold and all the other central banks adding it and you know that the bankers are preparing their back door for what is coming.
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