2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.19

-0.7%

Dec 2 4:00 PM EST

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To: westpacific who wrote (55041)	9/15/2009 2:22:54 PM
From: Chas.	Read Replies (1) of 218145

It seems that most investors have either forgotten or completely ignore the fact that banks hold hundreds of billions of dollars of toxic assets. These are assets that are valued on quarterly earnings at levels well above market-price. Even though bank executives were successful in pressuring regulators to changing accounting rules, they still hold the toxic assets. The financial crisis persists. The only factor that has changed is confidence. Investors and executives are more confident now - even though actual financial conditions have continued to deteriorate. It's simply a matter of time before the newfound confidence reverts back to panic and deflation. Lifted from a Link posted by TJ a few post's back...... I think this gets into SAT's predictions mercatoliberonews.blogspot.com Here is the link as posted by TJ...it bears a glance or so..... regards

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