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To: Silver_Bullet who wrote (12423)6/11/2003 2:21:28 AM
From: SilasSan  Respond to of 13094
 
Thanks friend. OT, I think.

I guess my cynical analysis of the war with Iraq is right on the money (pun intended) with the prevailing wail of Cassandra et alia. I have to lend great weight to the concept of "muddling through" though. While my financial planning strategy is based loosely on the California lottery my philosophy of life is based on bumbling and I've done alright so far.

So, let me see if I understand. I should keep my 5.75% mortgage which looks great at 9.6% appreciation (with inflation eating up, the principal) provided my job pays enough to keep up until I can cash in and move to a nursing home. And I should move my IRA to gold to pay for bed pans in the nursing home.

Ah hell, I'm gonna cash it all in and move to New Zealand with a 22 year old au pair -- wait a minute, the wife objects. Now what do I do?

OK. I sell the house and move into a nursing home now and use the IRA to pay for worthless Ivy League degrees for my kids.

No? How about I donate my body to a sex clinic ....

OK. What?



To: Silver_Bullet who wrote (12423)6/11/2003 3:05:51 PM
From: James Strauss  Respond to of 13094
 
The Bankrupting of America.
investorsinsight.com


FT:

Gold should be a good performer in a devalued dollar environment... The precious metals funds and Rydex Juno fund which shorts bonds should do well if the scenario in the article unfolds...

Jim