Keeping a jaundiced eye on the corporate media.
Paul Krugman cites a list of market measures, and says:
All of this involves fear of defaults by banks — despite what look from here (central New Jersey) like utterly clear signals from the Fed that bank debts will be socialized if necessary. I’m puzzled, and worried.
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Should I be pulling my money out now, or should I wait a while? It’s not much, but it’s all I have.
Yes, where should we park whatever money we have —
precious metals funds?
Gold?
Oil company stocks?