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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: grusum who wrote (61940)	10/26/2008 11:04:37 PM
From: Proud Deplorable	of 78410

Betcha by Friday the USD will back down a lot. Those of us in other countries who have sat back and watched the USA destroy the worlds financial system are never going to let it regain reserve status again. The USD is not the worlds reserve currency, it cannot be, the country is bankrupt. Maybe the writer doesn't know what bankrupt looks like. Here's what happens to writers like him and those who follow that crap advice. You know who Bill Cara is? If you don't let me know and I'll be happy to tell you. Well last month Bill called a bottom in the markets and since then has led tens of thousands of his readers into financial ruin. Here is one comment from his thread and I would suggest that people read the whole thread to realize the damage he has done and by his intolerance of dissenting opinions "He has one point though. Bill's call back in September caused a lot of harm to trusting and unskilled investors, who gravitated to this blog seeing Bill as anti-financial establishment person and defender of people screwed by big finance. Furthermore, Bill encouraged more knife catching along the way. I believe that Bill should have realized his mistake early on and reevaluated his position. From a grim macroeconomic picture, this is not another 1987 and Bill's 1987 game does not play well. From what I can see now, this is more like the 1929 play that wiped out all the people who tried to catch a bottom and concentrated wealth in very few smart players who waited for assets to turn into ashes." billcara.com Start of this thread ...the "Wizard" is supposed to be Bill Cara billcara.com

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