We're really looking at a future where the fed will either print us out of debt or a collapse in the markets. I hate to be all doom and gloom, but we cannot expect printing cheap money and rising borrowing costs/debt won't have a dramatic impact sooner than later. If you learned anything from the crisis in Egypt, know that inflation is good until a point. When it crosses the point where people cannot afford food and resources needed to live, it gets ugly. Pretty soon manufacturers will pass on their costs to us or their profits will take a ding. When this happens, either people will pinch to get by, or earnings will deteriorate. There is a fine line that a country needs to walk with inflation. Too much and people cannot afford common goods which inevitably ruins an economy.
I'm currently long EUO and long YCS. These are short term plays. I like silver, but waiting for a pullback.
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