Some gold companies up today:

G $34.50 +12.7%

ABX$36.50 +12.3%

K $17.82 +10.6%

KRY $1.01 + 9.8%

FCX$73.52 + 9.8%

AEM$65.00 + 9.8%

Some gold companies down today:

ARU $5.75 - 1.7%

GEA$10.51 - 7.8%

CG $3.15 - 7.9%

GBG$2.45 - 5.77%

SEA$17.59 - 4.9%

Shorts are bad I read and responsible for the destruction of shareholder value of outfits like Lehman and AIG.

Hmmm, okay, but wait a minute, "Were they responsible to those who insured mortgaged-back securities? Was it the short-sellers who bought that debt with Shareholder capital?"

See what I mean? It is disgusting to watch the HiFalutin so-called hard-nosed capitalists play the victim report and blame their loss of Cream Pies on short-sellers.

Sure they got kicked in the rear end just like the little investor has endured for decades. So now they go sniveling to Big USA Lady-of-Liberty for a bailout (of course paid by the little guy again, the TAXPAYER).

Sickening sight!

The Competitive Spirits of Capitalism has been neutered and morphed into suckling pigs.

Yes, short-selling needed cleaning up. probably with more transparency regarding size to percentage of a stock float etc.

But it was a dynamic tool of holding the Management of any Company doing a lousy job!

So the world celebrated today. The Feds printed more money and all rejoiced.

Wait until they realize the cost of it all.

Awhile back it was reported that each citizen of the USA was in debt to the tune of $ 330,000.00 because of Fed actions.

And today they are celebrating on Wall Street, and yet now each citizen of the USA is now about $ 350,000.00 in debt.

You figure !

Enjoy your weekend.