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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (150425)2/9/2002 8:28:31 PM
From: Terry Whitman  Read Replies (2) of 436258
 
Dollars have been a pretty good reserve for the last several years- and they should be for a while longer. Gold's value vs. the dollar will however fluctuate wildly. It takes a bit of work, and luck buying and selling the dollars to make them work better.

The key to that statement was- "When did they all start buying"

That's the key- when EVERYONE was buying stocks in Japan, in the Nasdaq 99- in the south seas bubble, etc. Always the worst time to join in . Just before the sheeple are all fleeced.

Not the case now- the sheeple have all been fleeced. Bears are just picking up crumbs and aftershocks from the 2000- 2001 bear market now. Only a handful of NYSE equities are hitting new lows. This is not a bear market.

It just feels like one because of the fear and disdain for the market that has permeated the psyche of popular culture. Expected aftereffects of the worst bear market in 30 years. A close inspection of the market reveals a much more bullish future- at least for the next year and a half or two.

That doesn't mean gold can't go up though- and I think in the LT it will far outpace the dollar. BWTHDIK

Now take a hit from this glue bong and buy some SUNW. hoho
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