msgtb

Investment Advice for the Rule of Awe

We have no rule of law, the SEC is letting GS and others have a free rein over the stock markets. There is no sheriff in this town. The hype and deception will eventually come out and it is a shame for someone who talks transparency but helps the bankers richer on their mistakes. The big banks are insolvent and should have been allowed to fail. The forward looking requirement for banks and financial institutions is somewhere around 50% of what it was in 2007. The banks must fail for us to get out of this quagmire.

God bless us we need it.

Dave

Probe of Citigroup et al Could Hit Financial ETFs

I don't like gold as and investment but it looks like if things get worse. I think it might be wise to load up on GLD for a temporary hedge against collapse of the financial markets. Hold GLD only until the financial markets are truly restored. Not being rallied by people in the government who know better and surly have broken US Law.