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

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To: Lucretius who started this subject7/23/2002 4:34:52 PM
From: SouthFloridaGuy  Read Replies (4) of 436258
 
Folks, I have a question. I dumped my gold stocks today because I think we're on hand for a major liquidity crisis. I am getting scared of holding my money at Citibank.

Should I

a) Pay my debts
b) Buy physical gold
c) Put my cash under my mattress.

Also, if the Fed will do everything in its power to reflate, shouldn't I just take on more debt right now?

My guess is to hold cash until gold "deflates" and then buy physical...?

Input is appreciated...
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