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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Proud Deplorable who wrote (48103)8/25/2007 9:12:22 PM
From: pocotrader  Read Replies (3) of 78418
 
Run for your lives, the sky is falling, the sky is falling run run. To be serious now The market could tank again and the US dollar could go much lower than its ever been before but my gut instinct tells me that the world cannot afford for the US dollar to collapse completely and the world biggest players will help out somehow, a US recession is not out of the question however but as long as the rest of the world is doing ok commodities will still be needed, another thought just crossed my mind billions could be spent on replacing all the North American infrastructure that's worn out, bridges, highways, power grids, sanitation plants, they would need a lot of steel, zinc and nickel wouldn't they? equipment would have to be bought workers hired, that would have to be good for the economy , instead of spending billions buying bullets and bombs to blow up some assholes in some far off hell hole, spend some of it at home to fix what we all know needs fixing, my knowledge of American history is a bit foggy isn't that what Roosevelt's new deal was about getting out of a recession by putting the American people to work building things.
I just read in the Financial post that US new housing sales were better than expected so there is a little light in all the doom and gloom
poco
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