Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Taikun who wrote (48857)	4/21/2004 7:36:32 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Hi Taikun, The MCO was bought by my daughter. I personally strive to avoid any investment in the US. They could have hired Iran to topple Sadaam with zero US casualties, giving them air support. Naturally all Iranians hate Sadaam, more than Bush does. The administration doesn't care that much about Al Qaeda; the latter helps Bush's ratings. Any Palestinian fighting Zionist occupiers is automatically labelled a terrorist. I favor reversing the UN decision to create the state of Israel and instead welcome Israeli citizens to emigrate to western countries. Arabs were the overwhelming majority in the area of Palestine for 17 centuries or so. Buffett is mostly invested in the US. So I couldn't consider buying his shares at this point in history. If Bush doesn't do well in Iraq he may shift targets to Syria, Iran, North Korea, who knows where? Unfortunately there's no shortage of genuinely bad guys in those countries and lots of other countries. I take refuge in oil stocks, particularly Canadian oil trusts, real estate stocks in Europe and Canadian REITS, gold and a few Hong Kong listed H shares of Chinese companies. Those are refuge positions because it's ingrained in me not to trust paper money, so unlike Jay, I don't hold a large fraction of assets in cash. Lots of luck to you. Having children, dependents for at least a couple of decades, does change the outlook.