Quote of the day
The Daily Reckoning has a great little prediction of what lies ahead for us all in this world of big government and high taxes:
Its never been a better time to get your guns and your gold.
--And so we begin the inevitable path toward capital controls in America. This first step is to crack down on tax evaders. The next is to prevent capital and currency from leaving the country. When the government is starved for revenue and refuses to cut spending, they have to prevent people from switching out of dollars and into other currencies or assets.
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