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

GLD 414.48

+0.7%

Jan 9 4:00 PM EST

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To: THE ANT who wrote (80373)	9/26/2011 2:56:08 PM
From: Maurice Winn	1 Recommendation Read Replies (2) of 219208

Wow, Goldman Sachs ruling the world and I should prepare for it: <While he dreams of recessions, sees Goldman ruling the world, and urges people to prepare, it is hard to disagree with much (or actually anything) of what he says and obviously interventions and machinations means we will have days like this (in Silver for instance), there is only one endgame here and we hope there is less hopeful euphoria (and more preparedness) as we pull back the curtain further an further. While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC. > Well, I did the obvious and checked the share price to see if GS was at $100 trillion or $10 trillion market cap [which I thought would be the right sort of size for something ruling the whole world. Maybe Yahoo! has the wrong price or something because that many zeroes wouldn't fit on their page, or maybe it's the wrong GS. But the market capitalisation is only $48 billion. That's not a lot more than Qualcomm's spare change. Apple has more than that just in cash. We do not know who that trader is, probably for a good reason. I think he won't appear on CNBC either. GS will not be ruling the world and does not. They are just a smallish company which keeps track of financial instruments. There are many others you can use. That's why their share price is so low. I decided that GS is very cheap and I could rule the world by loading up my Tonka Truck with GS shares if that trader was correct. But he isn't, so I didn't. GS won't rule the world. Mqurice

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