Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LTK007 who wrote (2138)	2/25/2001 8:24:31 PM
From: Box-By-The-Riviera™	Read Replies (1) of 74559

i favor making sure a money market (per at least the prospectus)... does not invest in instruments that would not normally go south, but now well might... hence... break the buck as they say... so if you haven't read the prospectus of the money market(s) you are in...then you have taken on faith that its well invested....when in fact it might not be.... short of a pure treasury USA gov backed invested money market.... as to gold.... aside from the metal...there are a number of companies that have been able to take gold out of the ground at a profit..though we are just coming out (I hope) of a 20 year bear market in the metal... (remember 800?).... secondly...there are a number of companies that fit the above and who are also unhedged... so they are pure not in any speculative sense...but pure in profit producing now and pure in reward if gold leaves its bear lows for even an average of its old price....let alone a price predicated upon the dissolution of fiat currencies.... etc etc etc Heinz Blaznik is a worthy expert in this area...search his name and read all that he's posted on this subject...and there are others.... mattress i would never suggest per se....unless you are stuffing it with metal...not paper.... prudence however... i strongly suggest. hope that answers your question. regards J

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