In this article in 2010, Tyler Durden writes about the madness that that continues to envelop the US financial markets and the pickle that the US Treasury and Federal Reserve Board find themselves in. Sadly, unmanageably deb begets more and more unmanageably debt. Where does it end? It's hard to imagine a good ending. And precious metals will continue to act as a buffer against this madness. Do you hold precious metals bullion yet? I'm not talking about 'paper ETF's but real bullion.

Here is an excerpt from the article: "...in 2010, the total estimated net issuance across all US$ denominated fixed income classes is expected to increase by 27%, from $1.75 trillion to $2.22 trillion. The culprit: Treasury issuance to keep funding an impossible budget." More here: 2010