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Strategies & Market Trends : Strictly: Drilling II
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To: pater tenebrarum who wrote (5363)12/13/2001 10:54:33 PM
From: Davy Crockett  Read Replies (3) of 36161
 
Hi heinz,

In a deflationary environment (which I "think" that we have entered (tough to know since I wasn't around for the last one)), my limited understanding is the following: pay off debts, buy hard assets such as Gold/silver, and/or carry cash (not real estate)....unless u can afford to "NOT" go into debt. & stay away from bonds.

Am I correct in my understanding or am I sorely misguided.

Regards,
Peter

Anything you have to add or dispute would be greatly appreciated...
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