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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (90870)1/27/2008 3:39:12 PM
From: loantech  Read Replies (2) | Respond to of 110194
 
<The risk is for a much steeper decline with every perceived safe haven getting mauled before this bear market is over.>

So when do we get into gold or if in already when do we get out?



To: Rarebird who wrote (90870)1/27/2008 4:32:59 PM
From: bart13  Respond to of 110194
 

Economist Scott Anderson of Wells Fargo recently said: "Large money-center banks have virtually frozen their balance sheets, reluctant to lend even to good credit."


As of last Friday, total credit (comm'l/industrial, real estate, bank, consumer, credit card and comm'l paper) was still expanding at close to 9% on a year over year basis... at least per Fed numbers.


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