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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (4501)8/14/2002 12:47:19 PM
From: mt_mike  Read Replies (1) of 89467
 
Th investing public will never be that intelligent and if they do figure out that gold works both ways it is time to get out of gold.
Really, you cannot blame investors, they have been conditioned to put money into stocks each month and hold for the long term. Their financial advisors and 99% of the media tells us to buy stocks because they are cheap and that stocks always go up over the long term. The few people warning about stocks, the economy and the seriousness of the situation are seen as wackos and made out as crazy by the media.
Maybe after a few billion dollars more in retirement plans goes down the drain everyone will wake up.
Do the charts say gold goes below 300. One of these days I need to learn some TA.
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