The one sure way to hand Wall Street its comeuppance is to invest in certified gold coins and leave them holding the bag. Posted by James Randolph on February 11, 2011
Take your revenge on Wall Street and invest in certified gold.
February 11, 2011 – The one sure way to hand Wall Street its comeuppance is to invest in certified gold coins and leave them holding the bag. Bernanke and company’s latest toxic soup, brewed from Wall Street’s most risky equities, heated over a fire of trillions of fake dollars, and fanned by false promises of recovery is ready to be served up to investors starving for a little of the big money. For once I would like to see them forced to partake of their own.
This round’s rendition of the same old game is so absurdly blatant that it leaves no doubt as to who is running the show. According to an AP release some of the top performing stocks are those with the worst possible resumes: those of companies closest to default and of companies with the highest price to earnings ratios. And of course, inside traders are placing their bets on the short sale – betting that the bubble they have blown out of proportion will burst.
They are banking on average investors doing what they always have done – catching the fever and storming the market just before the equities tank. I would like to think that we all are a little wiser following the last fiasco, but human nature wants us to follow the crowd. When emotions are running high, the tendency is for us to take on the mob mentality. But maybe we have had enough and for once reason will prevail.
Imagine what would happen if investors suddenly refused to play the rigged game any more. Insiders would be left holding their grossly inflated stocks while their buddies bet that they will lose their shirts. The vision of the ensuing family feud brings a smile to my face.
While Wall Street’s wealth gets devoured from within, ours would be safe and secure in gold coin investments.
Senior Staff Writer – Certified Gold Exchange