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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (26952)1/29/2003 10:04:00 AM
From: longdong_63  Read Replies (1) of 36161
 
slider...I see your point but having trouble digesting the economic situation in the USA. Between the trade deficit, M3, USD, foreign capital outflows, war, terror, redemptions, overvalued indices, bond market bubble, maybe a real estate bubble, etc etc etc. It is hard to slam into my pea brain the idea that gold has topped LT? When the bond market rolls over, where does that money go to? Not to equities after what people have been through...more real estate? Or gold...I believe the operative word for this decade will be tangible assets. True, the miners can be construed as intangible because your invested in paper but they hold something that is tangible in their reserves. Dunno...just my two cents.
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