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Politics : Ask Michael Burke

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To: Joan Osland Graffius who wrote (88075)	1/7/2001 11:04:59 PM
From: Michael July	Read Replies (2) of 132070

Joan, I too share your view that hard assets such as gold and/or diamonds will be a place where one stores value. Unfortunately, if they become too "precious" our government may opt to confiscate. They did it before. My wife's parents grew up in the Depression. Just the other day I received a surprise call from them wanting to know how they could buy gold. This from some very conservative yet astute people in their 70s!! I think they smell a rat. I'm not one to play the option game as I've been right on the direction before but my timing was off. Maybe Leap Puts is a way to go as they'll give me more time. Anyone have a lead where one can stash some money in a Euro type fund? From what I've read and now beginning to believe this could become the new world reserve currency down the road if/when the rest of the world disowns us, or at least what our currency stands for.

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