On Wednesday The Wall Street Journal ran a story titled “Anti-Fed Activists Fuel Push for Audit”:
http://online.wsj.com/article/SB125305951231914071.html
One quote from Ron Paul really caught my attention:
“The Fed will self-destruct,” Mr. Paul said in an interview. “This economy is going to get worse and this dollar is going to get a lot worse.”
I found “The Fed will self-destruct” phrase to be most interesting. I’m not sure what he means by this – perhaps he elaborates on this in his book “End the Fed” – but I think the phrase is worthy of contemplation. Its connotations are massive, should Ron Paul prove correct…
SPX at 1066.04 as this post is written