RE: US FEDIts all good for gold. The credit crunch is so far from being over optimisum is laughable. The crunch won't even start in earnest until Nov 6th of next year. This is just the staging. The real fear right now isn't with the investors its with the guys that have let the mess occur. Joe investor doesn't even know there is a crisis, thats obvious based on the fact that many think the FED can orchestrate some miraculous turn around. Buy gold or gems like NDM and walk away from the market for about a year.
Its the time of year I start looking at my long term investments and I can't believe how ignorant some of the people are that are flogging mutual funds. They no so little about them and are selling based on past performance or company spin without taking new market dynamics into consideration. Hell, many of them don't even know there are new market dynamics.