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<p>[QUOTE=&quot;fatima, post: 1251268, member: 22143&quot;]You have hit the nail on the head Lucyray.&nbsp;&nbsp; There is absolutely no way to judge risk now because the Federal Reserve is interferring with the free market by money printing and hence certain businesses, i.e TBTF banks, General Motors, etc. do not have to deal with failure.&nbsp;&nbsp; With the banks, it is a double whammy because they can continue with risky and maybe criminal behavior without having to account for the destruction that it causes.&nbsp;&nbsp; Nobody truely knows the extent of this because nobody knows what people are going to individually do with their debt.&nbsp; It&#039;s clear that as long as the problem is kicked down the road by money printing, then the free market can&#039;t deal with it.&nbsp; This is one of the basic core economics problems in this country.&nbsp; (and for that matter the western economic world)&nbsp; &nbsp; </p><p><br /></p><p>Real investors don&#039;t know where to invest in the economy because free market rules have been eliminate.&nbsp;&nbsp; Hence no real jobs get created and the problem gets worse.&nbsp; If QE3 is announced, it&#039;s real a defacto announcement the financial system has failed and now being held up by smoke, mirrors, and stealing wealth from anyone with $ savings.&nbsp;&nbsp; Unfortunately since the real world also depends upon the confetti money it gets taken down with it.&nbsp;&nbsp; This is why people are buying gold.&nbsp;&nbsp; They are buying gold because gold isn&#039;t subject to this sort of irresponsible behavior.&nbsp; </p><p><br /></p><p>BTW, in case anyone continues to doubt the importance of gold as a hedge against this.&nbsp; The German ministor of labor today announced to Der Speigel that any futher bailouts of the PIIGS countries should require them to send their gold to Germany.&nbsp;&nbsp; (No Paper)[/QUOTE]</p><p><br /></p>

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