tag:blogger.com,1999:blog-625524533455240196.post6493364036512949873..comments2023-03-25T03:57:09.952-05:00Comments on Stock Shotz: What A Day!!!!Stock Shotzhttp://www.blogger.com/profile/11189076782378081627noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-625524533455240196.post-64100916142966853662008-10-14T00:27:00.000-05:002008-10-14T00:27:00.000-05:00<<"The American system is not broken, b...<<"The American system is not broken, but it is having to endure a deeper recession for the band aids of the Greenspan era. He should never be allowed to speak in public again. Greenspan created more bubbles than anyone in history and now we have all paid a price for them">><BR/><BR/>Bernanke was a regional fed governer during this time and helped create these bubbles as he voted and pushed for all the rate cuts down to 1%. So the same idiot who helped fuel this then is even more in control now.<BR/><BR/>I agree that Gold could easily plunge $200/oz. in the short term. However, if it does you better be buying with both hands. Our wonderful gov't is going to run $2 trillion trade defecits in the very near future and they already have saddled us with a $10 trillion federal deficit. They are printing hundreds of billions daily (as well as all other central banks), and if you don't think that will lead to very high gold prices at some point, you're mistaken.<BR/><BR/>I'm not a market timer or short term trader. I have NO idea where the markets are going tomorrow, next week, or the week after. But I can promise you that gold will be several thousand per oz. within the next few years.Anonymousnoreply@blogger.com