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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (86621)9/20/2007 12:06:43 PM
From: John Vosilla  Read Replies (2) of 110194
 
' I remember when I was there in '79, everyone was buying gold - literally - I would walk down the streets of the little towns, and people were heading into the gold shops ... they were putting their life savings into gold bars.'

Sounds a lot like real estate in 2005 and tech stocks way back in 1999<g>
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