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Strategies & Market Trends : How to prepare for Great Depression?
DIA 495.04+0.5%4:00 PM EST

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To: Uncle Frank who wrote (7)5/25/2001 12:38:02 AM
From: Jon Khymn  Read Replies (2) of 16
 
Hi uncle Franky, my gorilla man !

I still have a few gorillas in my retirement account and still listen to gorilla music when stocks are not going my way.
nuttysites.com

So Ruffy's been preaching depression since 1979, huh?

I would say 90% chance that we will see a depression within next 20 years. <g>
(Actually I think we will see real ugly economy next year and for next few more years. Could start as early as this fall)

I think Cash is king during depression (I doubt high inflation during depression). After few years, pretty much everything will be dirt cheap... from stocks to real estates. Could pick these up at few pennies on dollar.
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