Correct me if I have misread the wall street journal online
www.wsj.com,an article by Deborah Solomon who is claiming that the T.A.R.P may be "revamped by 1-2 Trillion" and they
are attempting to recapitalise the banks-again!.
If that isn't turning the $US into Monopoly money then what is.No wonder ol mate Put' and Wensie are a bit miffed with all those treasuries.There's a lot of hope in the US treasury that punters will be lining up for more of the stuff.Hope they haven't pushed their luck too far.
From a gold perspective,this news will probably excite $US
groupies and inversely send POG back on its haunches....again?.
I got no idea how they are going to justify that amont of money printing.Something tells me gold knows deep down.
Profits to all.BMD.
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