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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (32945)9/29/2008 9:26:05 AM
From: kapex1 Recommendation  Read Replies (1) | Respond to of 206782
 
Hi chief, et al

If they can allow the larger banks that are shareholders of the FED pick up the smaller banks and invest banks for nothing, then, create a situation that allows the toxic paper to be bought up by the FED which is really making the taxpayers responsible, then the big banks get to consolidate and gain immeasurable power.

Gold should have been much higher in the face of this so called "crisis" but instead the metals market patiently waited as if control had never gotten away from the PTB in the first place.

Not to ramble here but when Don Coxe recognized that the commodities were all taken down in a massive intervention he may not have recognized that they were taken up the same way so as to be able to give the appearance that, when ready, they could change the perception that inflation wasn't really a problem.
Oil should have never gotten that high in the first place.

It should be increasingly apparent that many of these markets are tightly controlled and that gold, which Should be moving on the printing of all this paper globally, is not and that is suspect.
How should your comment chief...

"against what......ur assuming that precious metals will become a currency in the event of a collapse??"

be interpreted that gold is really not viewed as a store of wealth or as a alternative to paper currencies that can be created at will?

If they can print paper at will (like they have and are still doing) and gold is not reacting, then either the markets are totally controlled, or, there is something that I am missing completely.

silverbearcafe.com

Regards,



To: da_cheif™ who wrote (32945)9/29/2008 11:37:46 AM
From: Proud Deplorable  Respond to of 206782
 
yes I think they will....somehow.