RE: ``The Comex is Crashing ``So what! The Fed will bail them out like everyone else.
Sure hope they bail out big 3 by providing loans to the banks that in turn have to provide the loans to the big 3. When the big 3 piss that away and default the banks can then deal with disbursment of their assets. Who do they think are going to be buying these new cars, the unemployed bankers and fund managers? DUMB DUNB DUMB. I'm willing to bet that even if they do get the money there will still be huge layoffs.
Deflation/inflation is no longer an issue in the gold price, its about the world economy hurling itselt towards distruction. Truely insane buch making politically driven decissions rather than logincal ones.
Got Gold. Safe haven.