Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: $64,000.00 question...

IMO we get the permit early Q1, and the markets have a volatile year probably ending lower following the heavy spending leading up to the 2008 Olympics tapers off.

Sorry, no end of the world collapse though.  We are talking some liquidity problems in a few trillion dollars in instruments.  Not really that much compared to the total value of traded securities denominated in U.S. dollars of more than $50 trillion, and the global value of traded securities of around $165 trillion.  The real issue is the time that it takes to unwind the complex series of transactions involved.

I've been listening to these doomsday guys since I got my BS in Acct and Finance in 1976 and they are always wrong, grossly overstating the "dangers" to sell their books and now websites.

So a Happy and prosperous New Year to all -- especially the longs! 

 

Share
New Message
Please login to post a reply