Comments on: Stocks Plunge As Oil Hits New High
Dow Jones Industrial Average Drops 358 Points; Oil Tops $140 A Barrel
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- If the Fed lowers rates any more, they''ll have to pay people to borrow money. So what they''ll probably do is print up a few thousand tons of worthless paper dollars, add it to the "money" supply through member "banks", and feed it into the starving economy, further diluting the dollar''s value and fueling more inflation. Then the next thing we''ll hear is that the Fed is worried about inflation. Will the insanity EVER END!
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- MCVet, thats right. My holdings as of closing yesterday were SDS,QID,AUY,GRS,PMU,GG. Ultra shorts and gold miners.
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- rudy654, you think its speculators? Well you are partially correct but why are they speculating there? Could it possibly be a hedge on inflation due to the incredible shrinking dollar value? BTW Gold and silver were way up today as well.
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- THEY certainly do NOT represent America or what is right out the Nation. Sieg Heil Bush
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Posted by MCVet at 04:41 PM
Yep, they are just like those who plundered the gold of the teeth of dead Jews. My, were they happy all the way to the bank. - Reply to this comment
- dumped the dollar and switch into the EURO!
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- Alright now is the time when we shoot the heads of the oil companies. THERE IS NO EXCUSE FOR THIS. GREED.
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- hypnotoad72, I know and I am going to keep my shares of QID, and SDS along with my Canadian gold miners.
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- I made 5% today. You people are just losers! LOL!
Posted by faith_in_w at 04:34 PM : Jun 26, 2008
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The Dow fell 358 POINTS today alone!! But this Nazi is doing fine so why are you folks upset?? ROFLMAO You wonder sometimes where these fascist come from... THEY certainly do NOT represent America or what is right out the Nation. Sieg Heil Bush - Reply to this comment
- I just hope that the future will have these speculators holding oil futures and no hope of getting one red cent for them.
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- I made 5% today. You people are just losers! LOL!
Posted by faith_in_w
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Sell when you can. If the rumors of "bubble" and "burst" are true... - Reply to this comment
- Until something is done about greedy speculators, expect nothing good.
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- BE AWARE-WE STAND AT THE TRESHOLD OF TOTAL RUIN...
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- I made 5% today. You people are just losers! LOL!
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