Comments on: Berlin Wall Street

By: Fred Gibson

Fred Gibson — Tue, 10 Nov 2009 23:57:15 +0000

I agree with Sierra, Bill,A completely unregulated capitalist system doesnt work any better than socialism. They both arrive at the same place. Morality and ethics try to curb greed and human weaknesses, but they need the support of a policeman to insure compliance with the rules of honesty and fair play. At least we have to maintain a level playing field.

By: Tom

Tom — Tue, 10 Nov 2009 20:32:35 +0000

As a former GLD holder, but still a holder of physical gold, I can only say beware. Read that prospectus carefully, keeping in mind all the points in the chain of custody of that gold, at which failure to produce that which is claimed to be owned, can occur. Each one carefully states that the GLD share owner has no recourse. Add to that the role of bullion banks in this chain of custody, who have huge short positions. If it is not in your possession, you don’t own the gold, because you don’t know how many claims there are for every ounce. Would it not be just a convenient way to drop the price of gold overall by creating a selling panic in the ETF shares?

By: LaRRRRy

LaRRRRy — Tue, 10 Nov 2009 20:00:37 +0000

Light YEARS?

Hahahahahahahahahahahahaha

*snort*

Hahahahahahahahahahahahaha

(Whatever kind of -ism you want to call it, great leaps forward are being made)

By: sierra

sierra — Tue, 10 Nov 2009 19:03:04 +0000

Sorry, Bill. I don’t agree with you that the “government” is running our business now….we have been devoured by the voracious greedy capital flows and now the government has become the savior to those who have mucked up the system.

We are light years away from how the “Eastern” Europeans ran their economies.

We just have gutless, bought and paid for “elected” officials that are screwing up the whole works by not overseeing the rich moguls in the playhouse…..

Without “destructive construction” of our economic cycles (with the system we espouse) and leaving that activity to proceed, ie, let the “too big to fail” FAIL!!!!

That stimulates not only new political debate but new businesses and hopefully in a progressive sense, business that if it wants to have the rights of individuals, take the responsibility of individuals and stop destroying our environment and clean up after itself.

(Most individuals don’t have a clue what socialism is anyway)

By: TK

TK — Tue, 10 Nov 2009 11:23:22 +0000

I want to know how greenbacks are circulating inside them.
suck up from markets, possible.
finance each other, possible.
vacuum and burn , possible.

US has super brain cells ,Yes.

By: Dwayne Green

Dwayne Green — Tue, 10 Nov 2009 06:26:27 +0000

Zorro