Are quickly changing the landscape for gold and silver...and the stocks one would think.
We see the exposure of fraud every day now. This weeks' grilling of Goldman Sachs Pres. Blankfein was sadly telling of the moral fibre that runs the show. Today we see the criminal charges laid against Goldman aand Blankfein. This is just the beginning as GATA points out...now 3 big news papers will get into the act. Yesterday we saw an angry crowd storm into JP Morgan premisis on Park Blvd. The fall out from the Tea Party movement is picking up speed.
Now, look at the following:
April 30, 2010
“Eric King: The comments from Nouriel Roubini at the Milken Global Conference are stunningly bullish for gold and silver, “If governments become effectively insolvent they default on their debts and that’s what may be happening soon in Greece and in the rest of the Eurozone and eventually what may happen soon in other advanced economies.”
To understand how extraordinarily bullish this is for investors in gold and silver take a look as Roubini goes on to elaborate on the shocking reality of the US debt situation,….
These types of fundamentals are the underpinnings of phase II of this secular bull market in gold and they assure a manic phase at some point down the road.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/4/30_Nouriel_Roubini_-_Massive_Global_Defaults.html
Folks, I humbly submit that we are entering a whole new paradigm ( I apologize for using that word).
