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Gold/Mining/Energy : Canadian Warrants Only

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To: onepath who wrote (4025)5/1/2008 2:37:50 PM
From: calgarylady  Read Replies (3) of 23102
 
I guess I am out of sync too. Problem is the fundamentals haven't changed. House prices still tanking. Billions still being spent in Iraq and the deficit is climbing. Fed is still printing money and inflation (the inflation that includes food and gas)is still running of of control. I am not sure which of those fundamentals has changed enough to make anyone think everything is going to be fine. If they continue to manipulate the numbers and use only the ones that make things look good they can all keep living in never never land but eventually everything still has to be dealt with and the longer they put that off the worse things are getting.

I was listening to a show the other day and the analyst was saying that the government is hoping the people get out and spend the incentive cheques instead of paying down bills. Isn't that how this mess started .. by spending and not worrying about how things would be paid back.. :)
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