Wednesday, July 23, 2008
BKX - Real bottom or prelude to a crash?
I'll take #2 for 500 please. Are you going to tell me that the financials are okay? It was just a passing issue? Says Fed Chief and SecTreas "we have assumed control... we have assumed control... we have assumed control... it is now safe to emerge from your homes but be advised there is a curfew and we will not allow you to visit certain quarters where sensitive monetary policy records are kept. You do not need to know the details. We have assumed control and you will go forward as if nothing is wrong. In fact you will just go about your business, go shopping. Enjoy the 'cheap' gas, take a summer drive. Move along, nothing to see here. We have assumed control... and if you see any gold bugs along the way kick them in the shins and laugh hysterically at them. We have assumed control..."