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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (823)9/25/2003 10:31:45 AM
From: Roebear  Read Replies (1) of 108704
 
Bill Gross:
I reiterate: the stocks, bonds, and currency of a debtor nation in the process of reflating are not attractive investments. At the moment the markets are without one – but sooner or later they are bound to get – a CLUE. My vote, PIMCO's vote, will be to play the game with eyes wide open and our wallets and purses close to the hip. Inflation and currency protection will be paramount in the initial stages of this game of Clue, and credit protection in the latter phase as the U.S. economy is mugged by a host of Prof. Plum “act-alikes” with their lead pipes.

prudentbear.com
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