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Message: McCoach comments about the Fed and Bear Stearns

The Bear Stearns situation has certainly bought a lot of stuff out of the closet for us to see. I believe J P Morgan have a lot in their closet also, like high exposure to derivatives, in their case though the Fed will probably be at hand to smooth things over.

Novagold has uncomfortable allies in JPM and ABX, I hope Kodiak keep clear of friends like that in the future!

The following article is also interesting on the Fed and Bear Stearns and the writer also likes Junior PM stocks.

http://www.gold-eagle.com/editorials_08/bakerd032508.html

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