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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: ChanceIs who wrote (113331)11/11/2008 8:48:57 PM
From: stan_hughes  Read Replies (1) of 206138
 
Slighty OT in response: Re the bailouts, you should watch Faber's interview from this morning if you haven't already -- somewhere in the middle there he makes the point that, even at the 1-2 trillion dollar level, what the Fed/Treasury is doing is a pimple on an elephant's ass in terms of trying to stave off the deflationary forces out there right now

bloomberg.com

The flush is still in progress, and that includes crude speculators. The time to saunter up to the trading post and buy 'em will come, but not yet IMO
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