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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John McCarthy who wrote (85378)9/17/2008 1:14:32 PM
From: mishedlo1 Recommendation  Read Replies (1) of 116555
 
Global Financial Seizures Continue, Gold Soars
globaleconomicanalysis.blogspot.com
Gold bulls have something to smile about today as it is soaring by more than $50 in the wake of renewed financial seizures. The markets have greeted the news Nationalization of AIG: Treasury to get 80% stake in return for $85 billion with a bang.

Treasury Secretary Paulson has been on the phone all day assuring multiple countries Don't Worry, The Banking System Is Sound.

With that backdrop let's consider some of today's seizures starting with Russia. ...
Mish
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