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  • The Winners Will Be Those Who Look to Gold and Commodities  [View article]
    Yes,you can eat food, and burn oil/gas etc., but you can sell gold as ALL commodity prices rise, so you will have the money to buy the food and oil. Some central banks (like Spain) have stopped selling gold, which they have used as a backing for their paper currency however, they will sell again when the price gets higher, in order to help pay down their national debt.
    Spain has about 1 years coverage left in gold reserves, after that, who knows?
    Nov 09 13:29 pm |Rating: +2 -1 |Link to Comment
  • Why Didn't the Circuit Breakers Hit on Monday? [View article]
    If you will remember, the collars for trading stops came at a time when the DOW had risen over 1100 points in about 1 month, August-September of 1982, I think. A result of the institutions jumping into the market. The collars were put in place to avoid any volatile swings to the downside to protect the "little guy" investors who were following in after the institutions.
    Now they have the "Plunge Protection Team" to keep the downside pain smaller and more drawn out, as opposed to an "all at once" mentality.
    Oct 01 13:20 pm |Rating: 0 0 |Link to Comment
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