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To: Deo volente

I recently took a chunk and put it into a Pacific mutual fund - Japanese, Australian, New Zealand, Singapore, etc. stocks - just to get it out of the US market. However, thats tanking, too. Not too many “chunks” left to do anything with! I don”t know what to do except watch in horror... I”ve been listening too much to Peter Schiff, who is saying the next big bubble to pop is going to be the bond market.


96 posted on 01/20/2009 7:38:36 PM PST by ponygirl
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To: ponygirl

While Schiff might be right about the bond market—he’s been wrong on nearly everything. He said to be long asia/commodities/any currency but the US. If you actually listened to him you’d be down 60-80% in most cases. The only thing the guy got right was that the US was in trouble. Try listening to Roubini.


106 posted on 01/20/2009 8:12:53 PM PST by rb22982
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