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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (33299)10/3/1998 4:28:00 PM
From: Seaworthy Lyric  Read Replies (1) of 132070
 
Michael,

I think you are right about the bond prices, but there seem to be a few short-term reasons why they might stay at these levels or go higher:
1. GreenSpam
2. The Only Superpower image....thank God for the Euro....I never thought I would say this, but in strange and perverse way I miss the old soviets.....for the most part they kept the wall street raiders at bay. It's an over simplification, but the rape of some of the developing nations by western and local goons is a true catastrophe of the New World DisOrder....Sad...oh so sad....For the time being a blown opportunity
3. The bull is still roaring...he only changed his face (and lost some of it)....nothing more dangerous than a wounded animal.

Your observations about commodities and financial asset inflation have touched the crux of the matter....my value portfolio is turning into a Jimmy Rogers 101 model. (I kind of like the guy...there is an earthly quality....a farmer with a bow-tie, for the lack of better words....and he has balls...taking a 20 year younger blonde on a Harley around the world....can't beat that - that's imagination.)

It's funny you should mention the disparity between land and real estate prices....an opportunity is knocking.

Michael, one more request....I have a few lists of your favorite CEF's but would you kindly indulge me one more time with Chile, Australia, New Zealand, and Canada perhaps (esp. the ones leaning towards commodities)..

Thanks, you are the best!

Jerry
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