“THEY’RE panicked and I think that others are gonna see that as readily as I do and THEY’RE gonna panic as well. Watch the stampede.”
Bear Sterns lost 95% of its paper value over the weekend as folk b egan to realize mortage instriments could be worthless...
What would you do. I bought more gold yesterday and will max my ATM withdrawals of cash tomorrow befofe I hunker down and wait to see what happens. I figure more cash on hand will not hurt.
Hope it's not as bad as I fear.