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Strategies & Market Trends : Classic TA Workplace

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To: _scar_face_ who wrote (66913)	2/20/2003 12:54:24 PM
From: Perspective	Read Replies (2) of 209892

Hell yes! LISTEN TO ME EVERYONE 'cuz I don't want anybody saying they weren't told: GOLD IS THE ONLY "CONVENTIONAL" ASSET THAT IS LIKELY IN A SECULAR BULL MARKET HERE. I do not agree at all with the EWavers who are looking for new lows. The fiat currency system is blowing up in the central banker's faces here. Go short paper, long assets. That means short stocks, avoid bonds, and buy things - paper is devaluing against real things. But avoid things that are bought with leverage (ie stay the hell away from real estate). You want to own basic hard assets that aren't subject to the deflationary forces of excess supply and debt overhang. I am now 15% gold, and may go up to 20-25%, but I believe in that funny old notion of diversification. BC

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