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

To: Jacob Snyder who wrote (40043)	9/17/2008 10:56:27 PM
From: TobagoJack	1 Recommendation Read Replies (8) \| Respond to of 218261

just in in-tray gold +35-45 bux right now off the Comex close.....imo the longer the ruskies keep their exchange closed, the higher gold goes The oligarchs and other (now much less) rich guys are buying what they can, is what I heard this morning from a reliable source don't forget the Russian banking system basically not functioning right now as well...not that ours is working any better Sentiment towards gold is now shifting from being an inflation hedge/commodity to being a value hedge imo, which is at the very least what you need for it to go higher in this massively deflationary scenario we find ourselves in....now if you can add worries over fiat currency deval, you have the ingredients for a truly explosive move I just got back from the gym and all the talk in the locker room was what this mess means for the economy not to mention portfolios Some well heeled individuals are worried about what their statements will show month end The comments I overheard were mixed with anger over how this could have happened and how stupid Wall Street and these fund mgrs were The big selling I fear is yet to come as true fund redemptions and liquidation of portfoios start After that, expect a big increase in financial industry regulation to accompany the deep global recession It's the end of an era

To: Jacob Snyder who wrote (40043)	9/18/2008 2:39:24 PM
From: elmatador	Respond to of 218261

UK puts ban on short-selling of financial shares 1 hour ago LONDON (AP) — Britain's Financial Services Authority says it is temporarily banning short-selling of shares in publicly-traded financial companies. The FSA says the new rule will take effect at midnight local time. The rule will remain in place until Jan. 16, 2009, but the FSA said it would review the situation again after 30 days and may extend the ban to other sectors. FSA chief executive Hector Sants says his organization still regards short-selling as a legitimate investment technique, but he says "extreme circumstances" have required new rules to protect against further financial turmoil.