Rio Novo Gold Inc. RIVVF

RE: RE: RE: minute book today

[elgin1]

QE stops then the fear is that everything will stop, economy will go into freefall. nobody will buy the debt/treasuries - govt will be unable to fund anything.  Bond bubble is or will collapse - push the economy into a severe recession. 40% of US residents are relient on govt ie pension,medicare, medicaid, food stamps, unemployment insurnace, veterans, various forms of govt.  Its like feeding an addict - cant stop.  There are conspiracy theories ie Mineset that are convinced its  a huge manipulation. After the Libor rate scandal, I wouldn't be surprised - but Fed minutes say that they are discussing the possibility in march, and the market reacts if it is a sure thing.  All weak hands are being shaken out - but it will play out before the summer ie June.    Remember with the british currency crisis when Soros shorted the pound and made billions and the british govt denied it but at the end Soros was right.  I hear Soros liquidated all his gold positions to take advantage of the currency wars ( he apparently made another Billion last few weeks). He will buy back into gold.  It takes courage not emotion to stick through things.