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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (72693)	4/3/2011 1:20:08 PM
From: Maurice Winn	4 Recommendations Read Replies (3) \| Respond to of 217808

CB, outside the walls of Washington, where those botanical names in profusion are replaced by sage brush and economic dust bowl, and the pretty fauna of your locale is replaced by hungry dingoes and rattlesnakes, people are feeling impoverished, with their houses halved in value and their employment opportunities zeroed or halved even while your rapacious paymasters extort heavy taxation to transfer to you and those "safely" inside the beltway. House prices in Washington have even increased. It's likely that the 300 million people who don't live inside the beltway, in your idyllic realm, will vote for less taxation, not so much CO2 nonsense, less Big Government transfer of wealth from the producers to the bludgers. You probably heard that the recession is a men's recession. That's because men produce and women consume - women get the cushy numbers in secure gender-affirmative government "jobs". Yes, that's a generalisation. Generalisations and stereotypes are generally true. Mqurice

To: Ilaine who wrote (72693)	4/3/2011 7:38:26 PM
From: TobagoJack	1 Recommendation Respond to of 217808

hello cb, i tell folks often enough, that most stocks and all stock indices did not go up over the past 10 years, and won't over the next 10. what happened in the mutual fund / stock indices is that the money used to buy and sell them got diluted, giving folks the false sense that they 'gained'. otoh, gold did (i clip n paste from my outlook notes :0) ... 1999 Dec 31st USD 288/oz 2000 Dec 29th USD 274/oz -6% 2001 Dec 31st USD 279/oz +3% 2002 Dec 31st USD 348/oz +25% 2003 Dec 31st USD 416/oz +20% 2004 Dec 31st USD 438/oz +5% 2005 Dec 30th USD 519/oz +18% 2006 Dec 29th USD 638/oz +24% 2007 Dec 31st USD 833/oz +31% 2008 Dec 31st USD 889/oz +7% 2009 Dec 31st USD 1,095 +23% 2010 Dec 31st USD 1,421 +30% ... and did so without management, fees, subsidies, dispensations, and board meetings. iow the fund you are in did not 'went up 17% in 2010' but went down by a lot. of course the folks who went down in also nominal terms got wreaked but may not know the truth. my premise for some time has been as follows: education = capital business = investment stocks = speculation bonds = fraud real estate = sleeping capital + investment + savings + speculation platinum = something really useful silver = antibacterial metal gold = savings cheers, tj