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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: orkrious who wrote (264602)10/24/2003 9:09:58 PM
From: Bill/WA  Read Replies (2) of 436258
 
ork,
<<I'm not selling my gold stocks and will buy more in a sharp correction>>
my thoughts also, although I too would not like to second guess heinz, especially me being somewhat of a neophyte with the bond situation, however. As a lay-person I see the US dollar in decline, the unemployment rising, foreclosures and personal bankruptcies climbing. With US manufacturing and production in decline, why would I want to risk buying rising interest, junk status bonds?

IOW, I think the US is in helpless decline. And if that is my thought process, wouldn't it be more prudent for me to invest in gold as opposed to the stocks or bonds of a US company?

Just a thought.
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