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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (3586)	6/27/2002 3:21:54 AM
From: Peter W. Panchyshyn	Respond to of 11633

I think there will be a real recession, which will reduce O&G demand and Rental properties. As much as I don't like to think it, things are starting to look bad and don't see any real positives in the near term, all negatives except interest rates will stay low. ---- The key point here being ALL IN THE NEAR TERM. Near term is only a concern for those that mistakenly think they can trade these with huge gains and never any losses. For those with a longer term view any set back is to be viewed as a buying opportunity. Thats whats in the further past numbers for these trusts. Thats whats been in the real time follow through of the last year or more with these trusts. And it will be so into the foreseeable future. At least until we all run our cars on water. Yeah like thats going to happen any time soon !!!!!!!!!!!!!!!!!!!!!!!-------------

To: Scott Mc who wrote (3586)	6/27/2002 1:08:11 PM
From: bill	Respond to of 11633

I think the US govt. has got itself in a bind. Leave interest rates low and watch the US dollar drop in value. Purchasing power of imported goods drops. People want more wages. That equates to inflation. OR let interest rates rise to protect the dollar. That could lead to a recession and inflation. We had that once and called it stagflation. Could be bad situation for all those people who are getting ready to retire. Fixed income + inflation = poverty. I agree with George about blue chip stocks that were supposed to be for people dependent on income. They've been screwed. Interest rates are absurdly low and the blue chip stocks have turned out to not be reliable. That's what happens when you have companies run not to do the business of the company but to satisfy the short term greed and desire for power of management. Unfortunately, we'll be seeing more revelations and more businesses turning out to be scams. The Nigerian letter or the diamonds in a package you can't open are beginning to look not so different than what has gone on at some large supposed to be respectable companies.