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Pastimes : G&K Investing for Curmudgeons -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (14359)	5/25/2001 12:09:05 AM
From: Uncle Frank	Respond to of 22706

>> only a few of my closest friends were victims of that blind enthusiasm. Don't bring that up again. It hurts to think about it. cuf

To: DownSouth who wrote (14359)	5/25/2001 2:04:53 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 22706

>> Not nearly as much money, when it comes to NTAP, though. Dou you want to feel better at how you've come through the Crash. Here's an excerpt from Howard Ruff's, "How To Prosper During The Coming Bad Years": So what is in your future? A grisly list of unpleasant events -- exploding inflation, price controls, erosion of your savings (eventually to nothing), a collapse of private as well as government pension programs (including Social Security), vastly more government regulation to control your life, and eventually an international monetary holocaust which will sweep all paper currencies down the drain and turn the world upside down. Paper fortunes based on lending will be destroyed and a new kind of investment and financial planning morality will put some very unlikely people on the top of the heap. And you can join them there, if you know what you are doing when the heap turns over. Based on that I'd say we dodged the big one. cuf btw, Ruff wrote his book in 1979 and predicted imminent meltdown. His believers were to protect themselves by investing in precious metals and canned goods and such.