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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (57962)3/29/2008 7:52:38 PM
From: LLCF  Read Replies (2) | Respond to of 78424
 
Well,

the recession is in full swing, it'll be interesting to see how ugly it gets vis a vis POG and asset depression. I remember Heinz leaning toward asset deflation/depression... and that the fed wouldn't be able to do anything for quite a while. This has been my major concern about continuing to hold too much gold. I mean if they start giving away shopping malls again, then cash actually did pretty damn well (sure gold better, so far).

What's everyone think... I mean I think we all agree that long run cash is trash... but it might really outperform here for a while if assets plunge?

DAK