RE: JPMorgan to buy Bear for $2 a shareThis is absolute stunning news, the 52 week high on Bear Stearns is $159!!!!
9:50 PM EST, Sunday
GOLD IS UP $26.00+, I think main street and wall street will really take flight to gold with the fear of more blood in the streets.
Bailout Ben is scheduled to talk this week (I think tuesday?) with rumours of a .5 or .75 rate cut? How about a FULL POINT CUT? That should send gold up $100 or so.
Thanks Dunes, Cheers, SL