those who think this is minor stuff should realise that this could be the ignition to a large scale cataclysm in the north american economy,
i do highly suggest to all of you guys to have a look on peter schiff reflexions
this guy was right on the spot back in 2004 regarding our present situation , all the calls he made was spot on back from then till today , he has been ridiculed by all the economist around the world on every live tribune on his prediction on the subprime situation and the net value of housing , now the time gave him full credit , the guy predicted on his blog this morning that we will see a 1 on 1 value gold vs dow (point wise of dow vs pog once wise) we trade at 7 for 1 now 11500 points for 1650 $ we were 43 to 1 not so long ago ( in 2000 if i remember well) so will the dow drop to 2000 points? or will gold reach 11000$ the guy urge people to buy physical gold and silver on an emergency mode especially silver who returned 107% gain in the past 12 months.
some say pog will drop huge , some say it will soar time will tell , i do follow peter schiff whitout a millisecond of reflexion.
glta
dmaster