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Goldcorp Inc. Message Board

  • Manu3333 Manu3333 May 23, 2005 4:12 PM Flag

    Greenspan is a comedian also CNBC

    I will only add that it is not a housing bubble but an interest rate bubble totally manufactured by Greenspan. Big profits in bond market but mortgage market right behind! Mortgage market is a house of cards ready to collapse but not yet. Banks are collatarized on three legs. The house, the borrower and the pooling of mortgages by government agencies.

    The bubble (conundrum) is in the Bond market! IMHO ...

    The chatter now has completely forgotten about the 3 deficits for now! The sheep follow. Always go for gold!!!!

 
GG
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