Wednesday, May 14, 2008

Volcker Speaks

Former Chairman of the Federal Reserve and Master of the Financial Universe, Paul Volcker, said this morning:
"We are back in the 70s or worse if confidence in the Federal Reserve is lost."
This means to me that we are back in the 70s.
Watch out far, far below if the CONSEQUENCES of the Fed actions are realized. They will be!
I listen when Paul Volcker speaks, and I suggest you do the same. HIS COMMENT TODAY IS ONE OF THE MOST BULLISH STATEMENTS FOR GOLD I HAVE EVER HEARD.
This is certainly it!

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