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

To: maxncompany who wrote (70800)	1/6/2011 1:01:56 AM
From: koan	Respond to of 78431

I know what it is like. I have to keep two computers running. One closes so slowly you can watch the screen close down-lol. But getting a new one to inerface with the printer, etc is just too complicated. I baby it. Nothing fancy or fast or too complicated. And I have to pull up the temporary memory each morning while I make cofffee.

To: maxncompany who wrote (70800)	1/6/2011 1:14:46 AM
From: alpine_climber	Respond to of 78431

It seems to be built in, many things go wrong during year-end, and you end up spending the X'mas/NY break 'fixing' things.... only to wonder a few days later how the problems occured and why it took so much time/money to fix it in the first place. As for your comment on how Iceland solved its crisis vs. Euroland (Greece, Ireland so far, more to come) and indeed, US, methinks moral hazard thinking prevailed, and in a way, I can see the logic of it: why should innocent bank depositors (and investors) at/of JPM, C, MS, and countless other smaller banks end up with nothing, when Alan G was the man who single handedly perpetrated this whole curse, worldwide. He kept interest rates too low for too long, and conned people into believing that ARM loans are a good thing, when the low interest rates were, imho, an entirely China phenomenon: Cheap imports from China, esp consumer goods, kept prices too low, and meanwhile, the cities/states/federal governments' core finances were going into a rot. Instead, they used the 'cheap' availability of credit to join in in the borrowing party, and now, it is time for the Govt to bail them out. IMHO, it is going to have an Iceland type ending after all, as it won't be the banks that will fail, but the various levels of govt themselves, with the loser, the perpetrator of the problem in the first place, China which lent ugly amounts of money to have the US Govt resort to all this unaffordable borrowing in the first place. If the US governments, Federal, state and municipal all default in unison, you will find the US recover very quickly, as it is still a great place to invest, innovate, prosper, find jobs, live, etc. But they must default before it is too late, as th social ills of the current malaise (esp high unemployment) is showing up everywhere. When the US defaults, gold, etc will go down not up, imho.