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COMEX and Job Loss News Video: Explanation on FED math. Merry Christmas! Economic Freedom or Socialist Intervention? Have you got the gold fever? Round Up of the Gold Variety. Watching COMEX Deliveries Holiday returns to you and Gold and Economic news. Peter Schiff Says More Trouble Coming. Hump Day Financials Is gold about to move up in the world? Scary Financial Monday News. DOW Tanking in Election sell off. Monday. Slow News Day before Election Day. Spooky End to October? Commodities Today and a Coming Depression? VIDEOS: You're Money and Why it's in danger. October 24, the Day the Market is Supposed to CRASH. The US dollar, silver, and gold. Articles to think about when it comes to our money. Why is Gold Losing it's Shine? Or is it? Are our wallets about to be picked by the governments by coming inflation? Gold at the Start of the Market Bounce Week. Everyone on the street worried over economy. The Credit Crash around the globe. Weekend is here. Congress is voting on Bailout holding their noses. Is Inflation next following Government Bailout. Surprising Beginning to the Week and News US Mint Suspends selling Buffalo Gold Coins and Bail Out News. Today's Market as Bailout News Crawls along News of Note on Gold today and Market Bailout. The Trillion Dollar bailouts and what it might mean for we average joe's. This morning's gold market. Free Software I use and Play with: ExactPrice.

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Sep 25th, 2008

Today's Market as Bailout News Crawls along

I'm going to try to keep this short. But I'll say right off the bat that the whole bailout scheme to me is wrong. People need to take responsibility for their decisions. Good or bad. What we have here is the US Government and more importantly the American people being forced to take responsibility for the bad decision of others. A bailout is only going to weaken the dollar because it can only increase our debt.

Here's one article I read and commented on:
 

Dollar Rally Could be Short Lived

I'm not the only one who see the bailout as lose-lose.

 

This is must read:



What Crisis? a.k.a. Creative Destruction Is The Beating Heart of Capitalism

Also worth read:

 Common Sense Approach to Money? No Way!

In it Larry Edelson declares the dollar toast.

 

And this article on gold producers was very interesting to me:



Why Gold producers are dehedging?

As always, if you are interested in gold and silver and following those markets, be sure to check out the free software widget for real-time tracking,

ExactPrice

.

 


Posted by GoldTracker at 10:57 on Sep 25th, 2008 (updated Sep 25th, 2008)  
2 Comments ( Add ) | 1472 views | Permalink | Flag Inappropriate
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carriewpd
Feeling flirty
Posted on 01:16PM on Sep 25th, 2008
No matter what, we the tax payers always get stuck. Big Business tries to take as much as they can from us, then when they fall down because of there own greed, they expect us to pick them up. We will but it better have a lot of gurantees and control (G'vt) with it,
GoldTracker
Posted on 11:04AM on Sep 26th, 2008
Hi carriwpd, Yeah, it looks like we are definitely going to get stuck here. Hopefully those in the House objecting to this and wanting some better guarantees will get them.
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