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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (96765)	7/20/2002 7:39:35 PM
From: Snowshoe	Read Replies (1) of 132070

First, he says to forget about regular bear markets. This one can only be compared to 1929, 1965-1972 and 1989 in Japan. I didn't understand that sentence and don't know if all those are Japanese bears or just 1989. KT, those years referred to bubbles, not bears. Bears are the furry clawed critters that reach up and pop the bubbles <g>. The weirdest comment is about not liking gold because it has no yield. Fair enough. I could argue that ASA has a yield, but I get his point. Then he recommends buying timber. Uh, last time I looked, wood didn't have a yield, either. Maybe not in Texas, because of the drought. In my part of the world you can plant a tree and it will grow. Plant a gold nugget and it just sits there. OK, it might attract investors <g>.

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