Trading like a gold stock this am, down 20%.
They expect a worldwide recession along with increasing costs, weakness in Asia, and some kind of issue involving the Euro? I didn’t really sort of understand what they were saying.
The Fed has already crashed the economy, the damage has been done and now we’re going to see it in the earnings report of these stocks.
I know most of us were around in 01′-02′, this is what it feels like but maybe almost in slower motion, but it feels the same to me for the SM