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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Valuepro who wrote (61831)	10/22/2008 11:29:34 AM
From: koan	Read Replies (1) \| Respond to of 78409

From my buddy DAK on the obama for President thread. Watch first video, it is Nassim Taleb talking: DAK: "This guy knows exactly the way it worked.... he cannot explain it in lay terms but he's talking all the talk (value at risk) of the risk managers... he's a bit emotional and not talking specifics and will probably continue to be labeled a quack because so many people bought into the models. youtube.com It's also VERY important to realize one of his main point... "this has probably just started... we don't know". This is certainly in line with the hyperinflation viewpoint in that we probably have only started the DEFLATION portion based on debt explosion. He's also a bonafid Wharton 'rocket scientist': youtube.com There are MANY others that know these things... I think they just got greedy and "hoped" nothing would happen.