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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: TheSlowLane who wrote (31833)10/5/2011 8:38:22 PM
From: Wade1 Recommendation  Read Replies (3) of 48092
 
These movements are trying to fix the symptoms. They can create very dangerous consequences because the movement can get out of control very easily.

When we sit back we will find out that many of their jobs are created from the bailouts, welfares, business related to weapons and war technologies. In the mean time we have given away production technologies in the forms of wholesale surrenders. There is nothing much to support the current life styles which we are used to. To do all of those reforms, we'll have to cut back our living standard by at least 50% and 30% unemployment. Most of their jobs can be replaced by much cheaper foreign services any way. Employers will keep on buying from foreign suppliers and laying of domestic work forces.

Now, they can make big noises, but no one will go forward when they see these on the table. Then, we are back to square one again.

We can see that every one was relieved when BB said the Fed will help. What movement can we expect?
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