LGL 1.62% $1.41 lynch group holdings limited

RKS,I am with you mate, US government, bankers, and the banks...

  1. 2,498 Posts.
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    RKS,

    I am with you mate, US government, bankers, and the banks themselves are to blame to let risks out of control in doing business and sure the rating agencies, I still don't believe the rescue will work out that quick they will get into bigger problems first and at the end inflation will rule only a matter of time, when you have so much money in the system by way of governments around the world pumping liquidity into the system something will give, the more money in the system the less the value pre unit dollar and the more dollar it will cost to buy things.
    The problem here is to know when this will happen not if as when this happen US dollar will collapse and GOLD will fly, one year or 18 months?? sooner?? who knows but I beleive it will happen and when funds stop selling everything and gold is easy to sell to raise cash then price will go up.

    Cheers.
 
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