Thursday, August 12, 2010

Slippery Slope

When a government plan fails, further government and agency programs will be initiated based on the same game plan.

Here we go down that slippery slope of bailing out homeowners without jobs and yesterday’s states without necessary income.

This period will consume as much and more than the first bailout of Wall Street – one trillion or more. Gold will trade $1650 and beyond.

- Jim Sinclair

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