Buy gold! Geithner says risk of double dip recession low...

[rfranklin]

Risk of double-dip recession low, Geithner says
Recovery ‘is going to take a while, and it's going to be uneven’
Reuters
updated 3:55 p.m. ET, Sun., Feb. 7, 2010
WASHINGTON - The risk the U.S. economy will slip back into recession is lower now than at any time in the past year, Treasury Secretary Timothy Geithner said on Sunday, while conceding that recovery will be slow and uneven.

In an interview on ABC News' "This Week", Geithner said the U.S. economy expanded at nearly a 6 percent annual rate in the fourth quarter of 2009 and said the economy was definitely "healing" after the financial crisis that drove it into recession in late 2007.

"This is going to take a while, and it's going to be uneven," Geithner said in an interview taped before leaving for the Canadian Arctic on Friday to attend a meeting of Group of Seven finance ministers and central bankers in Iqaluit, capital of a vast native Inuit territory called Nunavut.

ABC released portions of the Geithner transcript on Friday.

http://www.msnbc.msn.com/id/35281626/ns/business-stocks_and_economy/

[Kolesar]

1. When should I sell the gold? eom

[rfranklin]

2. When you need to buy food...

It was a bit tongue in cheek but chances are we will end up like Greece with the rest of the world withdrawing their investments and selling dollars because of our unsustainable debt.

[Electric Monk]

3. I thought the adage was "Buy low, sell high"

:shrug: http://www.lmgtfy.com/?q=gold+historical+value

[pnwmom]

4. If there's a bigger recession, that won't increase gold prices. nt

[flyingfysh]

5. I'm all set

I have plenty of gold in my teeth.