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Arty.
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March 16, 2008 at 8:48 PM #171591March 16, 2008 at 8:55 PM #171594
peterb
ParticipantYup, looks like gold is being unloaded. π I’m no gold expert, but the research I’ve done actually points to it responding very positively during financial panics and much less during “normal” inflationary periods…eventhough it’s so commonly thought of as a hedge against inflation.
Seems like the last time this happened, the Japanese fired up the printing presses and got the Yen back down. I think that still works. Stay tuned.
March 16, 2008 at 8:55 PM #171237peterb
ParticipantYup, looks like gold is being unloaded. π I’m no gold expert, but the research I’ve done actually points to it responding very positively during financial panics and much less during “normal” inflationary periods…eventhough it’s so commonly thought of as a hedge against inflation.
Seems like the last time this happened, the Japanese fired up the printing presses and got the Yen back down. I think that still works. Stay tuned.
March 16, 2008 at 8:55 PM #171574peterb
ParticipantYup, looks like gold is being unloaded. π I’m no gold expert, but the research I’ve done actually points to it responding very positively during financial panics and much less during “normal” inflationary periods…eventhough it’s so commonly thought of as a hedge against inflation.
Seems like the last time this happened, the Japanese fired up the printing presses and got the Yen back down. I think that still works. Stay tuned.
March 16, 2008 at 8:55 PM #171569peterb
ParticipantYup, looks like gold is being unloaded. π I’m no gold expert, but the research I’ve done actually points to it responding very positively during financial panics and much less during “normal” inflationary periods…eventhough it’s so commonly thought of as a hedge against inflation.
Seems like the last time this happened, the Japanese fired up the printing presses and got the Yen back down. I think that still works. Stay tuned.
March 16, 2008 at 8:55 PM #171676peterb
ParticipantYup, looks like gold is being unloaded. π I’m no gold expert, but the research I’ve done actually points to it responding very positively during financial panics and much less during “normal” inflationary periods…eventhough it’s so commonly thought of as a hedge against inflation.
Seems like the last time this happened, the Japanese fired up the printing presses and got the Yen back down. I think that still works. Stay tuned.
March 16, 2008 at 9:40 PM #171595equalizer
ParticipantBear Stearns agreed to $2 offer, its a done deal. What geniuses were buying at $30 on Friday? Wonder if Jimmy Cayne was selling or was still at the bridge tournament.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BSC:US&sid=a.kwMtvHsOL0
March 16, 2008 at 9:40 PM #171598equalizer
ParticipantBear Stearns agreed to $2 offer, its a done deal. What geniuses were buying at $30 on Friday? Wonder if Jimmy Cayne was selling or was still at the bridge tournament.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BSC:US&sid=a.kwMtvHsOL0
March 16, 2008 at 9:40 PM #171262equalizer
ParticipantBear Stearns agreed to $2 offer, its a done deal. What geniuses were buying at $30 on Friday? Wonder if Jimmy Cayne was selling or was still at the bridge tournament.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BSC:US&sid=a.kwMtvHsOL0
March 16, 2008 at 9:40 PM #171621equalizer
ParticipantBear Stearns agreed to $2 offer, its a done deal. What geniuses were buying at $30 on Friday? Wonder if Jimmy Cayne was selling or was still at the bridge tournament.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BSC:US&sid=a.kwMtvHsOL0
March 16, 2008 at 9:40 PM #171701equalizer
ParticipantBear Stearns agreed to $2 offer, its a done deal. What geniuses were buying at $30 on Friday? Wonder if Jimmy Cayne was selling or was still at the bridge tournament.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BSC:US&sid=a.kwMtvHsOL0
March 16, 2008 at 10:29 PM #171673tucker…
ParticipantBear Stearns agreed to $2 offer, its a done deal.
Without a resolution this weekend, the company's situation would have continued to deteriorate when markets resumed trading, according to analysts and investors. Yet the value placed on Bear Stearns, which employs about 14,000 people, raised questions about share prices for the rest of Wall Street.
$30 then poof 2 bucks,they think it could have been worse? wtf
March 16, 2008 at 10:29 PM #171781tucker…
ParticipantBear Stearns agreed to $2 offer, its a done deal.
Without a resolution this weekend, the company's situation would have continued to deteriorate when markets resumed trading, according to analysts and investors. Yet the value placed on Bear Stearns, which employs about 14,000 people, raised questions about share prices for the rest of Wall Street.
$30 then poof 2 bucks,they think it could have been worse? wtf
March 16, 2008 at 10:29 PM #171700tucker…
ParticipantBear Stearns agreed to $2 offer, its a done deal.
Without a resolution this weekend, the company's situation would have continued to deteriorate when markets resumed trading, according to analysts and investors. Yet the value placed on Bear Stearns, which employs about 14,000 people, raised questions about share prices for the rest of Wall Street.
$30 then poof 2 bucks,they think it could have been worse? wtf
March 16, 2008 at 10:29 PM #171680tucker…
ParticipantBear Stearns agreed to $2 offer, its a done deal.
Without a resolution this weekend, the company's situation would have continued to deteriorate when markets resumed trading, according to analysts and investors. Yet the value placed on Bear Stearns, which employs about 14,000 people, raised questions about share prices for the rest of Wall Street.
$30 then poof 2 bucks,they think it could have been worse? wtf
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