Timmins & Beardmore - Northern Ontario

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Message: I'd rather fall out of a one storey building

I'd rather fall out of a one storey building

posted on Aug 12, 2008 09:10AM

than a skyscraper. Who'da thunk that Bear Stearns coulda fallen from $175 to a low of $2.84 in the span of a year? Apparently, not even Jim Cramer could see that. Draw your own conclusions there.

The house of cards is falling apart, every day there is more news on how far-reaching this financial debacle the U.S. Fed has wrought really is. If the news had been fully disseminated and disclosed from the get-go, there would have been riots in the street and panic in the markets. As it is, they are doling out the info ever so slowly to desensitive the masses.

Just as they use the short attention span of the masses against them when they want to slowly unravel their campaign of "It's not so bad, the 7 year decline of the U.S. dollar is over, look, it's rallying!!!" they can do the same to dissuade folks from taking a position in gold, and staying the course. They know most people can be led around by their noses and their emotions. The thing is, they only have one trick up their sleeves, and that is to say the opposite of what they are actually doing.

Kudos to cavedude who posted this link on the KXL site, it has some good data for the the goldbugs, and shows what a paltry $1000 could have netted a person in the last gold bull run.

http://www.gold-alert.com/gold/gold_...

Love to stay and banter, but I gotta get packing for a road trip. I'll check in from time to time to hand some of you all a tissue. This current market craves your tears, so unless you buck up, you're playing right into their hands.

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