Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Earlie who wrote (88074)	1/7/2001 8:25:20 PM
From: Joan Osland Graffius	Read Replies (3) of 132070

Earlie, I was watching some of the Sunday morning shows today and the media may help us out. The Sunday morning show on CBS has a few minutes on the greenspan put and the new administrations take on the economy, as well of some of the recent economic bad news. If I were J6P sitting listening to this I would not spend one red cent that I did not have to. The Washington Sunday shows were not exactly good for wall street either. As far as owning puts, I have not felt comfortable without holding some puts for the past two years. <g> Something I have noticed is folks think maybe oil may take the place of gold or other metal/diamond assets in the future. I don't think so. The average citizen can not buy the black stuff and store it. IMO, the asset of choice will be some hard asset (other than real-estate), something they can carry home and "hide". Note I do not include productive land in my definition of real-estate. Maybe I do not understand this generation since I am from a generation whose parents lived through the depression and used banks only for month to month currency transactions and had their wealth in hard assets. Very interesting times ahead. Joan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next