12-09-2011, 02:33 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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If the speculators lose their collective asses -- who give a rats ass?
The more of their kind that are metaphorically buried -- all the better.
Speculators with large positions do not add liquidity to the markets, if anything; their speculation causes undesirable volatility.
Read the history of the Great Depression, if we look to gold monetary standards and balanced budgets it's Herbert Hoover all over again.
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