gold price is tanking, page-25

GM Collapses (further confirms poor economy)"


The collapse of GM isn't something new to anyone as we've all known that there are only a couple of options. It also doesn't really indicate what the overall economy is doing. Either Obama gives in and gives GM another multi billion dollar handout which will only prolong the situation

or

Obama let's them file for bankruptsy which will actually be a lot more costly to the government however will clear all debt and will allow GM to start all over again. I assume that there would have to be a massive management restructure as well. This would all be a huge positive to GM and it's future IMO.