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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (82738)8/5/2008 11:24:13 PM
From: gold$10k  Read Replies (2) | Respond to of 116555
 
How Wall Street Works

If Wall Street was to discover that a plague was coming (or create a plague)
It would reassure the sheeple that everything was ok
Then decimate the price of the stock of companies
Which were positioned to profit from the plague (perhaps they had a vaccine)
Then buy all the dirt cheap shares of those companies
Before letting those stock prices rise 100 fold
And later selling at the peak of the crisis

IMO, that is the current situation in the gold market.