Kiss Your Currency Goodbye?

The mainstream media won't report this kind of thing, and you have to get
your news somewhere. Anyway, I found this today:

http://benbittrolff.blogspot.com/2008/10/really-scary-fed-charts-oct-now...

Honestly, this is so bad, I thought it had to be a hoax. You know,
like the kind of scare tactics so often employed by short sellers to
get the market action they want? Sadly, it is not. Here are the same
charts again:

http://research.stlouisfed.org/fred2/series/DISCBORR

Courtesy of the St. Louis Fed. Honestly there are no words to
describe this sort of thing. They don't teach you about this stuff in
Economics (not undergrad anyway). I don't honestly know that anyone
can truly assess the impact of this sort of thing, because I'm not
sure it's ever happened before (part of the reason the Great
Depression happened was because the Fed tightened money, instead of
providing liquidity). We are in totally uncharted waters at this
point.

I think the odds that we (meaning the whole world, not just the US)
have to return to the gold standard are increasing daily. You don't
have to be an economist to see that if we run the printing press 24/7
at some point the currency, and the T-bills that go along with it,
won't be worth anything. And it's not just us, Europe is going down
this same road too, as I understand it. It's not like they're sitting
on huge foreign currency reserves that they can use to fund their
bailout (which is why countries like Russia, China, Brazil, India, and
like might be somewhat OK, because they are on the right end of the
trade deficit being run by the US/Europe).

Also, here is some insight into COMEX Gold and Silver spot pricing
(why they're going down, when they should be going up):

http://www.marketoracle.co.uk/index.php?name=News&file=article&sid=6952

Physical silver is a better investment right now, btw, than gold,
because the coins are in more rational in value (even a 1/4 oz gold
coin is ~$250, whereas a circulated "junk" silver Roosevelt dime is
worth about $1). Also, silver coins are fetching about a 30% to COMEX
spot price now versus the 50% premium of gold.

Anyway, just thought you should know.