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Message: Bailout

Bailout

posted on Oct 04, 2008 08:31AM

Howdy Ganalane, Looks like exciting things are coming for KXL . My biggest fear is that King HenryPaulson will use the money to short Gold . Do something like buy the financials junk(cash for trash) only if they alot so much to short gold and go long the dollar. I feel the bailout money is just dust in the wind and will make no significant impact on the multi trillion dollar mess the financials are in. But paying it back will make a huge impact to Joe LunchBox. Unless of course we take a longer look and the final game play will be the USA claiming Bankruptcy and we go back to the Gold Standard. In that case none of this really matters to the USA, but it will to other countries left holding the bag. But really their money atleast most of it is not much better than ours. Have a good one.

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