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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: Mike M2 who wrote (41233)2/22/2013 1:52:45 PM
From: Mike M22 Recommendations  Read Replies (1) of 48092
 
Bernanke July 2005 zerohedge.com Maria Bartiromo asked him in July 2005 "what is the worst case scenario if prices come down substantially", so now his response, as then, is "I guess I don't buy your premise, it's a pretty unlikely possibility. We have never had a decline of house prices on nationwide basis." Of course, three years later the Fed had to do everything it legally could, and also much more, to prevent the modern financial system from imploding"
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