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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (52072)5/26/2002 11:53:30 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
USA Today left out a big added experience issue

Because too many analysts on Wall Street, too many stock brokers across the USA and too many investors are too young. They lack historical perspective on life and hard times.

They're afraid. Fear of more terrorism. More of this week's Merrill Lynch-type fines for biased stock picks. More Enrons or Arthur Andersens.


they also lack historical knowledge concerning
- gold
- money and banking
- currency

this will lead to further surprises, more pain
or if they are lucky, just missing 50-100 fold gains
I foresee the big gold bull market lasting until 2006-07
/ jim