Friday, February 11, 2011

No real change in Egypt expected......

According to Aljazeera  the military has taken over in Egypt. Since we support them with money and training no real change as far as that goes. Of course, no real danger to the Suez Canal is expected. Oil and gold prices should go down a bit until the oil producing country , maybe Saudi Arabia, erupts.

Other than that, prices for everything will go up as all that quantitative easing easy hits the world markets. Somebody has to pay off those derivatives floating out there destroying the world economies.

Look in the mirror  somebody, taxpayer and consumer your it.

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