RE: RE: RE: RE: RE: 6.28 BillionJust my 2 cents.
It's cahones, or huevos; kahunas are Hawaiian patrons, capos, chiefs or, beachmasters in surfing lingo. No offense.
The question always comes down to, "What is money ? "
The big money on the sidelines may hoard cash; in a recession, cash is king. In a recession when government just prints money, cash slowly becomes debased. It also leads to "Stagflation" - a stagnent economy with inflation. Google: Jimmy Carter. Or, wait 20 years, and Google Barack Obama.
In a plain recession, without inflation, gold, silver and diamonds might as well stay in the ground. In a Stagflation, or even a normal inflationary enviornment, Gold, Silver,and Diamonds are a storage of wealth (leave out the governments interventions and such things as "Paper Gold" and "Paper Silver").
So far, Obama is either going to be a Jimmy Carter II, or, he will be an FDR II. I have other scenarios in mind that are darker.
If he is Jimmy Carter II, well, you can check what Reagan did to remedy it. If he is an FDR II, you have 8 years of misery ahead with no WWII in sight to remedy it, and gold, silver and diamonds might just as well stay in the ground.
He could be a mixture of these 2; I'll have to wait to comment. But he is no capitalist. All his past associates have been anti-American, anti-capitalist, crypto-marxists .
His "Change you can believe in" are all clintonista appointments so far.
But, "the market" doesn't like anti-capitalists. Neither do I.
IMHO, Obama is an empty suit with much of the inspirational nonsensical rhetoric of FDR, and not as openly incompetent as Jimmy Carter.
Good luck folks.