Replies to post #23716 on Fiends In Stocks

[stratocasterca]

i agree with that post about 1000%.

[starboy]

I think it's going to be more like 2 years once all this is said and done...Lot of people don't have the money, can't get the money, and those who have money don't want to buy anything except that with proven value at fire sale prices.

Gold and Silver Rally As Financial Crisis Deepens
Commodities / Credit Crisis 2008
Sep 15, 2008 - 06:20 AM

By: Mark_OByrne


Article at this link with interesting charts on USA Debt and gold historical chart...Starboy

http://www.marketoracle.co.uk/Article6268.html

[starboy]

CNBC doing over time. Maria Bartiromo, Larry Kudlow, et.al.

AIG's rating has just been downgraded by Moody's and S&P. Billions will have to be raised tomorrow to keep AIG liguid.

As of now Moody saying, "Significant execution risks with AIG plan"

Asian markets reacting negatively already.

AIG may fall, so tomorrow could be another blood bath because they or surrounding companies domestic & world wide can't come up with the money fast enough to support them.

Very treacherous times...if the Fed has to step into this situation and bail them out, after Bear Stearns and Fannie Mae and Freddie Mac, we'll be so far in the hole in this country you won't see daylight in your lifetime.

Some analysts saying this is a worse state of affairs than the Great Depression...

On the bright side? This too, shall pass. Some day...