Congress moving toward a "compromise" agreement leaving the door open for ...
posted on
Sep 27, 2008 09:18AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Some form of "totalitarian" government! Non of which serve the interests of the "peasantry" (when did any government?) which at last count are approx 99% of the population!
From the Newswire, "Any compromise is expected to require the government to obtain partial ownership of any company it invests in." (The brush will be broad!)
The "free" part of free enterprise/capitalism the US has so carefully heralded since the days of George Washington is on "death's dying door!" (The consequence of the fox managing the henhouse!)
The word from the "underground" press is that $700BB is just the tip of the "iceberg!"
If Paulson closes this one, it will "rank" as the biggest sales (snow) jobs in the history of finance!
In one weekend, if the consensus is favourable, hyper-inflation has will have been given better than a 90/10 chance, built on a secure foundation of printing presses, paper, fraud, and BS, mostly the latter, although the first three depend wholly on the last!
Some Congressmen this AM are saying that input from constituents (since when did that matter) is as high a 100 to 1 against!
Passage of the "rescue" package will result in the gold "bull" run transforming into a "snorting, headswinging, hornswoggling gallup', unstoppable until it drops out of shear exhaustion taking down everything in its path, houseprices, credit, the market, you name it, the final gasp resulting in a "deflationary depression!" (everbody flat busted, including governments and the banks)
Just a guess, folks. Anything can happen and usually does.
Overreaction bias, maybe!
The streets of Zurich will soon be overrun with depositors! Book your flight early! (it can all be done by mail, but time may be of the essence!) Shop around, but Bank Leu, of the Swiss major banks, is said to be most accomodating to small depositors, ie, under $100.000. The 'big" money, Russian oligarchs, Manhatten Mafia, et al have preceded you, so a few teller's windows should be free.
Don't believe Dumb and Dumber (paid schills) that Canada will be a "safe haven" from the US financial debaucle, while Americans do a half twist, our "dive" will score a perfect 10 with a great deal more dificulty!
On the river, you better hold "gold!" McEwan's $5000.00 gold prediction in "play" if Paulson Package comes to pass.
If, by chance, you fail on this go-round, remember adversity and pain almost always create new strengths if you have the will to win!
Ask any bullrider!
ROUGH