Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (73342)	5/5/2010 5:13:05 AM
From: maceng2	1 Recommendation Read Replies (3) of 74559

$850 and $1,225 That lower figure looks good, not at all sure about the upper limit. It's my view that our financial systems have been now so abused, blatantly abused, that the world at large is slowly losing trust with government issued fiat money. If that continues to happen I think the upper limit for Gold will be much higher even with all the manipulation in the universe. I am a rabid gold bug I suppose. I am hoping to start with buying a little silver at about $17 if it gets there. I have the oldest and lamest excuse in the world for selling "I needed the money" but it wasn't such a bad move. I've some personal projects coming up, will be busy, may have to duck out of trading for a year. It's been fun though and I'm always happy to buy some pm's at bargain basement prices. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Some UK politics seen from my small world view. My dad (hardcore labour) says there will be a general strike in the UK within a year if the Tories get in. What many don't realize is that many hard core labour voters will not be voting labour in this election, my dad included. Unbelievable! I doubt he will be voting Tory, but the Liberal Democrats should be picking up lots of ex grass roots labour support. Tony Blair and the war in Iraq has killed much of Labours grass roots support. Not sure what the Tories are expecting with this move... guardian.co.uk They supported the Iraq invasion, are gung ho on wars, and using the Iraq card is a blunder imho, it won't change Labour voters will sure as hell will get votes for the Lib dems. Could blow up in their faces. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ So this may well be the type of news you see in a year from the UK. news.bbc.co.uk ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Note to TJ. F**k the UK bankers. The government should just pass appropriate legislation, shoot them all, and melt their body fats down for soap. Commodities can be bartered.

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