Did you know the U.S. Government does not have an approved 2011 budget for its DEPARTMENT OF DEFENSE? We're nearly 6 months into the year and Congress has not authorized any money to fight wars-at least not the one with Libya. Still, the U.S. is shooting missiles, dropping bombs, and there's no budget. Weird.
Last year, Congress had the money to pass "Don't ask, don't tell" legislation. Oddly, Congress could not pass a law to pay our troops and fund operations. Very strange.
With all this craziness, gold and silver are looking even more attractive, as well as mineral developers. Oil and energy related shares also look like a defensive play.
The federal budget is way out of control. Spending is over the top, and our debt is escalating daily. No one knows how this will all turn out, but the U.S. dollar is destined for inflation. Lose your purchasing power, lose your way of life.
Gold may once again become the new standard.
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