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To: sun-tzu who wrote (130526)	10/22/2001 11:54:42 AM
From: Tommaso	Read Replies (2) \| Respond to of 436258

Currency is the best thing to hold in case of deflation, but the U.S. trade deficit and the wild creation of money and credit by the Fed will have to devalue the U. S. dollar sooner or later against other currencies. There could be a short bull market in gold at some point, though the ability of mining companies to mass-produce gold would (I think) put a lid on that. The best money-making plan, unfortunately, seems to me to be still to bet against things (i.e. the stock markets in particular), except for energy. I am going to stay pretty heavily invested in oil and gas sources that do not depend on the Middle East. A coup in Saudi Arabia that put Islamic radicals in charge could mean $60 a barrel crude in a matter of days, though I am not predicting that that will happen. I am, however, ready in case it should happen. Oh, and I am also long some security stocks.