You are IMHO absolutely right on Ruf. I read an article and I wish I had saved it, as the theme of the writer was implying that the Fed is motivated to confuse everybody. Reason being, is that what is happening is so obvious, that without days like today that cause investors to rethink their world views, we would have a stampede away from fiat currencies. Since most governments are virtually bankrupt, they only have one thing left to sell, and that is worthless paper.
If your nose doesn't like the smell it probably stinks, and if your gut tells you something makes no sense, it probably doesn't. I have to go with my gut on this one and choose my investments accordingly. Things that have a store of value. Mining companies with huge reserves fit that bill. I am hoping the management at San Gold are not going to let us down and will deliver the goods that they have been selling us.
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