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<p>[QUOTE="fatima, post: 1294775, member: 22143"]Indeed. I don't think many did see the failures coming. Not because they were not paying attention as suggested above, but rather because the executives were committing illegal activities and lying to investors. They were later jailed for it. Normally illegal activities are hidden by the criminals who commit them. I know of a very large fortune 20 company that was building an electronic trading floor for Enron including hiring and training the employees that were to run it. The floor had to be closed just before it was opened because of Enron's failure. The employees had to be fired, the equipment on the floor scrapped, and the new construction abandoned. They certainly didn't see it coming and they usually do the necessary due diligence on these deals this large. </p><p><br /></p><p>In a similar manner we now have an entire stock market being propped up by constant hopium and enormous debt creation where the liability for it a is being shifted to the taxpayers and savers. This is why metals will continue to rise. Like you, I would not pin a specific number on it on a certain date, but IMO they will continue to outperform almost anything else. And they have the benefit of no third party risk.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1294775, member: 22143"]Indeed. I don't think many did see the failures coming. Not because they were not paying attention as suggested above, but rather because the executives were committing illegal activities and lying to investors. They were later jailed for it. Normally illegal activities are hidden by the criminals who commit them. I know of a very large fortune 20 company that was building an electronic trading floor for Enron including hiring and training the employees that were to run it. The floor had to be closed just before it was opened because of Enron's failure. The employees had to be fired, the equipment on the floor scrapped, and the new construction abandoned. They certainly didn't see it coming and they usually do the necessary due diligence on these deals this large. In a similar manner we now have an entire stock market being propped up by constant hopium and enormous debt creation where the liability for it a is being shifted to the taxpayers and savers. This is why metals will continue to rise. Like you, I would not pin a specific number on it on a certain date, but IMO they will continue to outperform almost anything else. And they have the benefit of no third party risk.[/QUOTE]
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