Reckless government spending has already put the US taxpayer on the hook for trillions of dollars, says Eric Roseman. And there is no telling how many more bailouts and loans are to come. Eric says gold will emerge as a surrogate currency as the Fed prints the US dollar into oblivion. And that means a sharp return to its long-term bull run.

From Reuters we get the headline “The Banks Are Cheating Us”, with the subhead “Hong Kong investors protest Lehman Brothers losses”, which made me laugh, “Hahahaha!” and think, “Welcome to the real world, Hong Kong chumps!”