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


To: GVTucker who wrote (109519)9/16/2008 1:07:34 PM
From: Fiscally Conservative  Respond to of 206326
 
Not to get to far off topic here,but governmental intervention is a necessity from time to time especially when the government fails to properly regulate the industry,as a whole, that has caused these 'systemic risks'. Outside of devine intervention,which will never come, the only recourse is our governments involvement. When I think of all the waste in spending our government incurrs I can justify intervention as long as there is something in it for the public as a whole. There should be strings attached that would allow the government(the taxpayers) to offset risk by allowing the sharing of future profits based solely from deeper regulations that would shore up associate risks in conducting daily business. After the balance sheets stabilize our government should be mandated to sell off their interests at a suitable profit and return that portional market back to free-enterprise.

Oil falling has me wondering how deep the leverage was. Now I believe the continue fall in price is more a stretching of the disconnect between supply and demand. I can only wonder how much further this might go. Now the player in me can not sit idle and watch and do nothing. So, I continue to add slowly back into equities here that are exposed to my beliefs.