Bailout fatigue - are we there yet? Registered investment advisor Mike Shedlock is always a good source of information. Last week he found that former thrift regulator William Black has said that the FDIC is so broke that now an unlimited taxpayer bailout is in the works for that government agency. Read about it here. Interesting. I remember reading back in early March that the FDIC was so broke that they were soliciting pension funds to prop-up the banking system.
Now that pension funds are found to be broke, the FDIC needs another source - you and me. Tired of bailouts and that gnawing feeling of what it is going to do to the value of your dollar? Own the rarest form of money. Buy gold. Own numismatic gold coins. Own numismatic silver. Start today at Lear Capital !!