To: TheLion
"I feel sorry for people who buy into these web sites cries of doom and gloom and sell out at the bottom of a market and lock in their losses. Should they go into gold, they might get hit with a double whammy, when it goes down."
I guess that you didn't read The Storm Series that I asked you to read the last time we clashed. Too bad...
15 posted on
10/11/2002 6:00:00 PM PDT by
rohry
To: rohry
"Clashed"...me thinks you give me too much credit...no pun intended. I have read the aforementioned articles and have to say that he could be right. This opinion could have been compelling many times in our past history. The game may go on for years. Wonder how our expanding population and the fact that most employees don't work for major corporations but smaller businesses, factor into all of this. Also have to factor in the creativity of the same people who came up with the current schemes. In the short run, you may lose capital if you remain in a bond fund while interest rates rise....not if you stay until most notes mature. There have been many who have predicted the collapse of the US financial markets for years. It may indeed come to pass but as to when, no one knows.
30 posted on
10/11/2002 7:43:35 PM PDT by
TheLion
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