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Politics : Welcome to Slider's Dugout
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To: Kpain who wrote (8348)3/12/2008 2:03:05 AM
From: bullbud  Read Replies (1) of 50328
 
He isn't and obviously no one has told him that the banks aren't just nearly broke but on paper they ARE broke. Then they need to tell him that this trick by the Fed is a band aide on a severed head. IMO, and of course I could be wrong, this spike is merely a temporary relief from the big toilet flush in the sky.

Very possible the resuming downward spiral will take POG with it, but still, until proven otherwise by the funkdamentals, I have no idea why DOW and Co. would be worth more, not less.
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