Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (4721)	3/16/2007 9:49:12 AM
From: RonMerks	Respond to of 50729

"Everyone from Sinclair to Bill Murphy, gold bugs old and new alike -- have called Barrick for what it was...is...and will always be:...the favored vehicle of the Investment Bankers and the Gold Cabal." AMEN BROTHER! It is NOT good news in the long run. Slider, you truly see the world through a different lens than the average bear (or, bull). Talking about investment banks. Man- they are ka-chinging the register on this subprime meltdown. They made money in bringing them public, made money loaning them money, made money in underwriting their bonds, made money on the mergers & acquisitions, made money in selling the bundled mortgages, and now are making money in siphoning off their assets and reselling them- not to mention their trading departments simultaneously shorting the hell out of them- as the other hand lends them money- with the remaining liquid assets as collateral- at pennies on the dollar. Ron