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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (37881)	7/12/2008 2:38:49 PM
From: ~digs	Read Replies (1) \| Respond to of 48461

in the long run, Ag will return a larger percentage than Au.. imo it takes a lot less money to move silver up when compared to gold

To: Jack of All Trades who wrote (37881)	7/14/2008 8:57:49 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 48461

There is the expected Fred & Fann rescue bailout, now we wait to see if this pre-open rally has legs. (looks like a duct-tape and band-aid fix to me) Paulson, speaking on the steps of the Treasury facing the White House, asked Congress for authority to buy unlimited stakes in and lend to the companies, aiming to stem a collapse in confidence. The Federal Reserve separately authorized the firms to borrow directly from the central bank. Fannie and Freddie shares surged in Frankfurt trading. The steps would bring the U.S. closer to giving an explicit guarantee for the debt sold by the shareholder-owned, federally chartered companies. That reflects a need for the government to bail out an economy that's been rocked by the worst housing recession in 25 years, the credit crisis, and soaring energy costs. ``They appear to be crossing the Rubicon,'' Sean Egan, president of Egan-Jones Ratings Co., a credit-rating company based in Haverford, Pennsylvania, said, referring to Caesar's invasion of Rome to set up a dictatorship. The announcements followed weekend talks between the firms, government officials, lawmakers and regulators, after Fannie Mae and Freddie Mac lost about half their value last week. `Explicit' Guarantee Paulson's proposal, which the Treasury anticipates will be incorporated into an existing congressional bill and approved this week, signals a shift toward an explicit guarantee of Fannie Mae and Freddie Mac debt. The shareholder-owned companies are government-sponsored enterprises, giving investors the indication of an implicit federal backing. Fannie Mae gained 31 percent to the equivalent of $13.40 at 12:54 p.m. in Frankfurt trading, and Freddie Mac advanced 33 percent to $10.31. Fannie Mae tumbled 45 percent in New York Stock Exchange composite trading last week and Freddie Mac lost 47 percent of its value. ``It is time to recognize that the GSEs were always dependent upon government support and now we must make the implicit explicit. >>> No shit Sherlock! bloomberg.com