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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (16887)	8/27/2001 6:45:38 PM
From: craig crawford	Read Replies (3) \| Respond to of 52237

>> Gold does well when fiat money falters << yup >> It is the only form of money that is accepted anywhere and any time << greenspan said "it's the ultimate form of payment" >> In uncertain times, it acts as insurance. << well...not recently. >> Insurance against fiat money disasters like inflations or depressions. << i don't think gold does well during a depression. >> I prefer the stocks to the metal also << well i prefer shares for investment purposes when the time is right but at the present time i prefer neither :) >> If you expect fiat money will sail smoothly for the forseeable future, then gold is not where you want to be. << i guess i'm not sure of what your definition of "sail smoothly" is. i think gold is only good during inflationary times. we will end up with inflation down the road, but perhaps some more deflation (as people label it) first--which would be a negative for gold.