gold, page-563

Hi Andy,

Yes I've heard all that before and I realise the Federal Reserve was somewhat surprised by the GFC.
But did they handle it? Of course they did, the aviation, tourist industry and most other things just kept on going as if nothing happened.

There was plenty of greed involved as usual, panic stations and since then the DJIA has outshone almost every other investment.

Hoarding is a psychological affliction you know.
-------------

Hoarding and caching are common behaviors in many bird species as well as in rodents. Most animal caches are of food. However, some birds will also stingily collect other items, especially if the birds are pets. Magpies are infamous for hoarding items such as money and jewelry. (Contrary to popular belief, research suggests magpies are no more attracted to shiny things than other kinds of items.) One theory suggests that human hoarding may be related to animal hoarding behavior, but at this time, substantial evidence is lacking.^[1]