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Strategies & Market Trends : The Millennium Crash

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To: gregor who wrote (3170)8/11/1998 6:00:00 PM
From: bobby beara  Read Replies (1) of 5676
 
Thanks for that info Gregor, but I am investing in gold stocks which will benefit from currency crisis and your possible scenario.

I'm unsure about energy, because I feel we are going into a global deflationery scenario and am not expecting any oil shock like in the 70's, the boom in oil drilling and IRAQ coming back on line has produced an oil glut that may last several years.

If your scenario plays out gold will benefit, if not gold will benefit because it is a better deflation hedge (a little known fact) than an inflation hedge.

bb
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