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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (19890)10/6/2002 2:59:53 AM
From: TheBusDriver  Read Replies (2) | Respond to of 36161
 
<<Physical gold holders will benefit from a more secure position as the debt implosion picks up speed. Meanwhile, gen purpose money market mutual funds will more and more impacted as large corp failures increase in frequency. THEN, it will be too late for individual investors to prevent capital loss in what was supposed to be a safe parking place for cash. >>

I have not choice with my 401k. it is either cash or stocks. I'm screwed!

Wayne



To: isopatch who wrote (19890)10/6/2002 12:11:21 PM
From: jim black  Read Replies (2) | Respond to of 36161
 
Out for a trip to TX and outa the loop but back with quick answer to that one, Iso...no non-treasury cash!, and 5% physical and not in bank, on homestead or in official custody.
Feeling like it is going to get very ugly soon
jim black


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