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AGORACOM CONFERENCE UPDATE

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Message: FOMC Meeting Today/Tomorrow

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Re: FOMC Meeting Today/Tomorrow

posted on Nov 03, 09 01:56PM

"Could be that gold and silver already know what Bernanke has up his sleeve."

There is a time approaching for all Wall Street types, government officials, and Fed-speakers - whenever they open their mouth to cheerlead the economy and financials, the result will be the opposite reaction they want.

That is the point when investors know that any cheerleading is always a lie to fool people, that things are even worse.

The cheerleaders will be the last to realize they are the ultimate contrarian indicators because their egos will keep them blind.

Terry

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