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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (30827)3/12/2008 9:08:39 PM
From: Lazarus_Long  Respond to of 220281
 
"Bernanke may or may not understand that he is the star of the R-rated version of a snuff film. Bernanke's sad destiny is - paraphrasing the words of Gen. George Patton here - to grease the treads of someone's tank. The best that Bernanke can hope for is a relatively dignified and hasty departure from the Fed, with perhaps a final limo ride in which he is not garroted like in the chilling scene that occurs at the end of The Godfather."
news.goldseek.com

You almost have your $1000 gold.
kitco.com
What's this? The dollar gets rescued by foreign banks (What's this? We used to DO this! For countries like Mexico. Have we fallen back into the third world?) and gold takes off for the stratosphere. Didn't it get the word that we're saved?



To: TobagoJack who wrote (30827)3/12/2008 11:57:12 PM
From: GoldBull no bug here  Read Replies (1) | Respond to of 220281
 
TJ - what better set up. Dream Trade.

from the commodity Metal Trader blog -

"4. Buy precious metals, ie gold and silver
Gold and silver prices rise to sky high level. When I asked my FX colleagues on their opinions on EUR/USD, AUD/USD, GBP/USD and USD/JPY, they said USD will go lower, and it will become banana money eventually. Then I ask them if they think gold is good to buy, they said its expensive.

Hey, this is contradicting, falling USD will continue to push gold price higher. Believe or not, gold and silver are nowhere near the peak yet, simply because USD has not reached a bottom yet."



To: TobagoJack who wrote (30827)3/13/2008 2:44:44 AM
From: elmatador  Respond to of 220281
 
Money scrambling for destinations where it can be protected.