Morning after pill for the economy? No, we’re still screwed.
This whole ”optimism” this morning is horseshit. the fact that the fed dropped more cash into the world market doesn’t help the root situation any. It just gives me reassurance that buying gold and silver is an awesome idea right now. What struck me, that I had known before but became reassured today, is that gold and silver went up in all of the currencies, so this reassures me that the dollar actually isn’t as bad as some of the other curriencies, but as a whole they’re all screwed. Limiting shorts just delays the inevitable fact. We will have to face the music one day or another. I’m amazed at how quickly people forget the shit storm of earlier this week. You’d think that the announcement this morning of Washing Mutual getting bought was not a big deal. HELLO??? This crap ain’t over!
Just keep an eye on silver and gold, the canaries in the cave. And even those are still open to manipulation. In the mean time, like I heard a lady say on an interview with CNBC, on the street, ‘I wanna go put all my money under my mattress’. Haha. Yeah, duh. But even that won’t do a lot of good for you. I’ll write you some ‘happy notes’ if you want, if you give me some money, for reassurance (more assurance than the banks), and I’ll go buy HARD currency with it.
By the way, check out hurricanebear.com that is some funny stuff.
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