Thursday, Mar 27, 2008
Gold still a buy around 900
Safe Haven: No Tears for Gold
"Let's face reality: moves by the Fed and GSEs to take bad debt off banks' balance sheets don't improve the quality of the underlying assets. Losses will eventually become the responsibility of taxpayers -- yet another burden for all of us to carry."
"Are we hearing the sounds of more money creation? The eventual sound of the dollar slipping yet further vs. gold and commodities? That's what I hear, despite the earplugs the Fed and the stock market seem to be wearing."
Posted by sold 2 rent 1 @ 01:27 PM (201 views) Add Comment
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