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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (12246)12/29/2001 11:26:15 PM
From: TobagoJack  Respond to of 74559
 
Hi George, following up to my anecdotes on last evening's party, the consensus (ex-Jay) of the crowd seems to be USD is the least of all evils, and thus hold on tight, hold close, hold 100%. I do not know, but believe IF the USD goes down, all hell will break loose, and thus I do not want to have any part of it when I believe Gold and associated paper is better, safer, and higher yielding.

I was the sole and lonely loony gold cockroach at the party.

On the other hand, the consensus was , ‘panic always come at the end’.

Question is, of course, what panic and which end?

Chugs, Jay