FDIC Broke

click chart to enlarge

This chart courtesy FDIC shows the ratio between funds on hand and commitments to secure bank deposits at FDIC insured banks. Notice the rate has just gone negative. The FDIC is essentially broke!

This on top of an already broke economy, a war we can't afford and a health care bill that will cripple us.

Where will the money come from? The printing press. And everytime they cut on those presses, gold goes up.

The outlook for gold has never been brighter!