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Pastimes : All Clowns Must Be Destroyed

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To: Ilaine who wrote (9193)2/13/2000 9:42:00 PM
From: yard_man   of 42523
 
Probably would have to be a fund of some kind in an IRA for commodities. Sorry I can't be of more help on that one.

Gold stocks could go down in a BK but are thought to be inversely correlated with the markets and ... gold has been in a multi-year bear as the markets have taken off.

Disclaimer: I own a number of different gold shares. I am very bearish on our stock market and have been since July '88.

There are also short funds. To hedge your husbands 90% stocks you wouldn't have to put much in short fund as most use leverage of one form or another. If he is diversified (i.e. doesn't have all his eggs in MSFT, INTC or YAHOO) a modest bet would help you hedge against a BK, IMO.

Just some ideas from someone who is nutty enough to think that BK is really right around the corner (I didn't think we'd recover in October '98, but I was wrong then. I could be wrong now, too.)

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