More and more banks going bankrupt. Lehman Bothers now? Merrill Lynch soon also ? Who will be next ? The FED ? No, they simply print new money and start their business as if nothing happened before. The Rothschilds and Co. are the winners in the back. What we saw in last days and weeks is simply breath taking. Banks and Hedge Funds selling everything, no matter how the fundamentals are. Only to make cash to minimize their losses. Short selling will accelerate the down trend. Gold and Silver even they sell i guess to make cash. That is not reasonable anymore and reveals the desperate finance situation which no longer can be hidden.
What is the advantage ? Small investors can buy physical Gold and Silver for good money to be protected from devaluation of paper money. Well, at least here in Germany. But i heard that in USA the selling of Gold has been limited due to high demand ? Is it the same with Silver ?
I wished we see upward trend soon being related to the fundamentals of Base metals and precious metals. But things in the finance market dont look encouraging yet.
I am waiting for the openening bell in US and CAN markets. Hope we finally see a better day.
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