Australia Immigration Demands Money - How A Lot Will You Need
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At the finish of the week it looks like the US taxpayers, who were currently on the hook for the $5.17 trillion with Fannie and Freddie, now consider on AIG, and they will soon be on the hook to pay off the nearly $1.2 trillion that Bernanke and Paulson are proposing the authorities shell out to loan the monetary system. Hell, the authorities even stopped short selling - so a lot for the totally free marketplace. The US is pushing for democracy throughout the world, yet at home things are searching very socialistic. .
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Be prepared for further declines in the equity marketplaces as we are expecting that many investors will again have 2nd ideas and look to get some of the profits from the Thursday and Friday gains. We have positioned ourselves largely in cash and gold and will stay there for the brief phrase. We expect gold to bounce around some more, but should do well in the subsequent couple of months.
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