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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (38810)	9/24/2003 11:10:39 PM
From: gumnam	Read Replies (4) \| Respond to of 74559

What passes for expertise around me - I do not want to discuss and definetly not rely on - If TEOTWAWKI happens we may have to start looking at all kind of stuff for protecting our retirement funds. With currencies crapping out, gold assets probably confiscated, bonds as wall paper, maybe the only safe store of wealth will be bags of wheat and tuna cans. :-) With my wheat holdings I will indeed be a rich man. More seriously if currencies are going to grind against each other, and most financial asset classes sell off, non financial assets have to increase in price. So if the worst case scenarios happen you do not want to own the wheat producing company or copper producer, you want to own wheat and copper and maybe a smattering of everything else. Ofcourse more likely, I just lose some money, gain a few more white hair and will explain to my wife that I am a lot wiser as a result of my trading losses. Cheers