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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (101280)	5/21/2008 8:09:32 PM
From: NOW	Read Replies (1) \| Respond to of 206272

"I cannot make a precise guesstimate of how "far along" we are. Or even whether the monetary holy cross will ever be used to move policy towards greater balance - both domestically and internationally. But, I can say that leveraged speculators and those riding the commodity-alpha wave should be concerned by the fact of the hearings, and Masters rather frank testimony to the potential lynch-mob . This is because the lesson from the Hunt Silver debacle was "Don't fuck with the people who make the rules, since the rules can be changed which will torpedo even the rightest and best-laid of market operations". You see, for elected lawmakers, speculators make the most excellent political sacrifices. This is because politicians can be seen to be doing something (anything!) to counter-act the real increasing cost of stuff, without actually doing anything that costs them aything (except a few campaign contributions), or more importantly asks their electorate to - heaven forbid - change their lifestyles. For this reason alone, leveraged specs should take specific note exactly where the fat-tail lay, for when pen hits paper in Executive Order or Rule-Change from above, there will be NO EXIT!" nihoncassandra.blogspot.com