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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (3426)7/29/2002 5:07:46 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
two enormous sources of capital will soon pursue gold

1. TREASURYS OF ALL MATURITIES

2. REAL ESTATE INVESTMENTS (NOT PRIMARY HOMES)

these are the remaining asset bubbles in our nation

it will take time, maybe more than a year
but things are happening fast here in the past few months
I expect the next downleg for the US$ will prick TBonds
then later comes real estate, after more job losses

/ jim