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

To: lurqer who wrote (9989)12/4/2002 1:22:29 PM
From: Jim Willie CB  Respond to of 89467
 
excellent, Lurky... monetary inflation kills bond bull

the key paragraph to those hapless chasers out there:
Gross' forecast could provide a rude awakening for investors who have poured $106.8 billion into bond mutual funds this year, according to Financial Research Corp. at Boston. This year has been a third straight down year for stocks.

some of that money is coming out, and into GOLD

/ jim



To: lurqer who wrote (9989)12/4/2002 1:53:49 PM
From: eddieww  Read Replies (1) | Respond to of 89467
 
He said the same thing over 1 1/2 yrs ago too. Just after the FED started the fast rate cutting. Also, last Mar-Apr he was buying distressed telecom bonds. OOPs!

disclosure: I have most of my wife's 401k in his Total Return fund since june 2000.


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