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

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To: marcos who wrote (59867)	6/6/2008 1:04:36 PM
From: LLCF	Read Replies (1) of 78405

<it's so tempting to believe that by gentle tweaking you can 'let the air out slowly', like DAK says, but is that possible, can it work enough to do the job of knocking back excess credit use and malinvestment? > I don't think that will happen... I just think that's what they'll try to do. I think the gig is up, the pigs are in the tunnel and we're going pretty deep on this one. Bad news. The malinvestment is unwinding now regardless of MS and Fed... but I just think they'll error on the side of loose money for some time to come. There is no stomach for tight policy IMHO. It would look heartless. When everyone is buying their second wheelbarrow to carry money to the store, then there will be stomach. HEY, maybe those SUV's will come in handy after all! To carry paper money around. DAK

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