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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Stevefoder who wrote (291585)2/8/2009 9:44:20 PM
From: Bearcatbob  Respond to of 793778
 
"Many knowledgeable people are trying to protect themselves against the risk by buying gold or ETF's that buy gold (eg GLD) or sell treasury bills short (eg. TBT). The wisdom of that strategy is debatable. Regardless, that is like buy a lifeboat and tying it to the good ship USA."

It is nice to be amongst a group you have called knowledgeable!