Hardinvestor - deal Bear stearns /interventions/ même un gars comme Volcker trouve que ça va trop loin !

skipper Inscrit le : 05 Fév 2005 Messages : 8688

trop c'est trop .. et c'est l'ancien boss de la FED qui le dit !

source www.lemetropolecafe.com

The ONLY explanation of today’s gold market action is that Paulson and his honchos are "doing what ever it takes". It is clear the Central Planners are spinning out of control. The USSR proved that central planners cannot do a better job than free markets. We have a very well known authority weighing in on that; none other than Paul Volker:
QUOTE
http://blogs.wsj.com/economics/2008/03/18/volcker-feds-extreme-intervention-raises-some-real-questions/?mod=googlenews_wsj
Volcker: Fed’s ‘Extreme’ Intervention ‘Raises Some Real Questions’
Former Federal Reserve Chairman Paul Volcker said the Fed’s decision to lend money to Bear Stearns Cos. to keep it from collapsing is unprecedented and "raises some real questions" about whether that’s the appropriate role for the Fed. The wisdom of the decision depends on "how severe this crisis was and their judgment about the threat of demise of Bear Stearns," Mr. Volcker said on the Charlie Rose Show on Tuesday evening. "That’s a judgment they had to make and an understandable judgment." It is "absolutely" not "what you want for the longstanding regulatory support system."
END
When the interventionist par excellence thinks that the interventionists have gone too far you had better back up the truck and fill it with as much gold and silver as you can!! That is what I am doing. These bargain basement prices should not scare anyone they are a gift manufactured by the lunatics now pulling the levers.
The DOW is down by 52 points as I write so I guess we will need another rate cut by Thursday afternoon!
This is likely to be the killer move down before a sudden and rapid rise in precious metals.
Cheers
Adrian
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

2eme coup de gueule de Volcker.. à laquelle d'ailleurs les médias donnent peu d'échos.. mdr1

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aCGyDXfClFvI
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

3éme avertissement de Volcker, tojours aussi peu médiatisé .. aaarf

il y va pas de main morte .. mdr1

http://www.bloomberg.com/apps/news?pid=20601087&sid=a0gtQpItabH0&refer=home
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Pépite Bull