Live thread here ...http://www.freerepublic.com/focus/chat/2760121/posts?page=23
Tomorrow morning - watch the Plunge Protection Team issue the order to buy with both hands.
Futures won’t be off more than 30 by the morning.
These guys are criminal. Now we are told Geithner stays.
I predict there will be a sell off at the start, but that it will close not very different from the current level. The American investors are not stupid, for the most part. They are rich for a reason... because they know what they are doing. They factored the debt and the downgrade into the price level over a period of several months. Some of the amateurs will sell off at the start, but once they are out, the mature investors will take control.
Gold has been up more than $40 to the $1695 range.
So much for that phony Obama money that he is printing.
After the stampede settles down, they’ll run back into commodities and stronger currencies. The “risk” is in the dollar, the euro and other currencies of countries that don’t export oil and certain other natural resources. We’re in decline, and getting here was a bipartisan, international, anti-American effort.
Another unexpected day to suffer through Monday?
I hear printing presses whirling online. By Monday there will be crisp new greenbacks to stem the fall.
