yeah skol, and the last time the govt shut in the US, the gold price went up about 7%
.....but as we have always said, tis time it is different.
the US govt is broke, they own 60% of the bonds they issue against the very same mortgage backed securitites that got them in the poo to begin with.....and the economy for all the stimulus is slowing. 3 TRILLION dollars for a 1.5% drop in the jobless rate. think. for each trillion dollars they printed, they could have created 20,000,000 full time jobs at $50 gand a year, thats 60,000,000 people employed and adding to there tax income.....
so, as for teh stock market going up...please let us all know when you will take your money out of the stock market.
and preferably before the drop in equities happens.
so glad you are back, i missed our little tette a tette sessions. i even went back to work to avoid the lonliness and boredom... so you have a lot to answer for. hahahaha
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