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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (24111)10/11/2002 11:14:15 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Maurice, <<Therefore gold remains inadequate as the foundation for money. It's becoming less adequate>>

We shall see.

In the meantime, folks seem really desperate for some earnings, and soon, they will rediscover China high dividend paying growth companies:0)

moneycentral.msn.com
"The Uncle-Sam scam
Finally, in the Yankee-ingenuity department, I'd just like to point out a recent story in The Wall Street Journal called "How to Juice the Return on a Savings Bond." Here we read about how people have been using their credit card to buy bonds, cash them out, pay the penalty for early cash-out, and still come out ahead, via the credit card companies' frequent flier miles or cash-back perks. It's just too bad that they can't redirect the energy expended in all this to learning how to be better investors – for instance, how to recognize the sham in corporate American hype -- than milking a couple of pennies off of the U.S. Treasury."

Chugs, Jay
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