UMC 0.00% $1.30 united minerals corporation nl

odd short selling going on, page-7

  1. 1,739 Posts.
    Monogram,

    A lot of people feel safer holding cash right now.

    The funny thing is, when the the US Congress approves the 700 Billion rescue plan, then Western Nation's cash will buy a lot less raw materials, food, fuel, etc.. than it does now.

    In my view: It's pay up US$700Billion now - or start a meltdown in the $62Trillion Credit Default Swap market.
    The first option causes: stagflation or recesssion in US.
    The second option causes: world wide depression.

    Joel
 
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