Lin

The Fed's Big Gamble

an add-on to above

Paul Volker , past fed chief + now on Obama's econic team has stated in the past , " In the 70's , we let Gold get out of control , that was a mistake ".
For sure the fact he is on the new economic team , is not good for Gold . Alan Greenspan also once said , " gold is a true way of protecting one's weath ".The goverment does not want ordinary citizens to " have a means of protecting themselves financially ". This is why they work so hard to suppress the true Gold / Silver prices .

The Fed's Big Gamble

Good article .

The real question is however , Is if gold , the true economic barometer , starts to skyrocket , won't the Fed suppress it's price , as they already have been doing ? Will they also confiscate the PM as FDR did in similiar economic times in the 30 's ?

Countdown of Manipulated Gold Price Running Out

MC dk
I have also had a horrible experience with E-Trade . They get you for 7.99 per trade , a had very small margin , but in bad market , thet don't even give you the time to sell at a higher price + they want 7.99 to sell because of their margin call . I know I am no where near the ' margin limit ". Truth be known , I read quite a few months ago that E-trade had a " huge exposure ' to mortgages + were not safe . The well known commentator had moved his trading acct away from E trade . They are in trouble ! . This is why they are killing everyone !

36 Opportunities for the Beginning of the Bull

Curbs-in
Yes , you are correct , but Russia , along with Brazil , are tanking , along with China + Europe . This will be a global Depression .It will be most severe in The US + Europe . You had better hope that there are soup lines. How will you get there with the price of Gas ? More mass layoffs are coming + martial law