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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: UncleBigs who wrote (46929)	12/9/2005 2:17:23 PM
From: inchingup	Respond to of 110194

Uncle Bigs: "Selling out of a speculative bubble and putting the proceeds in cash or T bills doesn't even occur to you." You really haven't provided a substantial argument. Perhaps you missed the point that I made that if gold went to $0 it would not affect my lifestyle. I have cash and other investments. I own my home and other assets. Are you suggesting that I now invest in more cash? Are you saying cash is "king"? I knew when I made my first post it would be controversial in that many talk about a "gold bug" but might be unable to define the term. IMO, some people collect paintings, some stocks, cars, cash, and yep, even gold. Personally, I don't view being all cash as a viable alternative to owning both gold and cash. As for T-Bills, I would feel about as safe owning them as I do about collecting my SS.