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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (93137)	8/10/2011 11:01:40 AM
From: chartseer	Read Replies (1) \| Respond to of 94695

Being their credit card is maxed out they also asked their credit card company to raise their credit card limit so they can continue to charge more.

To: GROUND ZERO™ who wrote (93137)	8/10/2011 11:15:28 AM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 94695

And certainly not an environment to be Long Stocks. The next three years will be very hard on the stock market, imo.

To: GROUND ZERO™ who wrote (93137)	8/10/2011 1:04:15 PM
From: AreWeThereYet	1 Recommendation Respond to of 94695

lol, I must add, the summary only focus on the financial performance and liability of the Fed. Missing in the equation is asset. Using the same analogy, If the Fed has $500,000 asset, then the problem is not too bad. Heard US has 8000 tons of gold. If they can drive POG to $50,000 per oz, that should be enough to wipe out their debt. We only have $48200 more to go from today price. <g>