Schmidt’s Gold Thoughts
Valueviewgoldreport.com reported Schmidt’s Gold Thoughts:
In the last twelve months the U.S. deficit was $1.536 trillion. At the same time, unemployment, per the government’s headline statistic, is 9-10%. In the real world it seems that government deficits and unemployment are now, in the words of a statistician, positively correlated. When the deficit rises, unemployment goes up. See also Greece, Spain, et al.
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Fri, Aug 27, 2010
Post by Anne Bagchi, Gold Researcher