And no place for window-washers or bungee jumpers either
From Bill Bonner of The Daily Reckoning on 5/7/10 who called his Trade of the Decade in 2000 – “Sell Stocks and Buy Gold”. Bill has a unique sense of humor:
“But what this tells us is what we've been telling you: this is a dangerous market. It is no place for widows, orphans, nuns, priests, republicans, democrats, window-washers, bungee jumpers...”
AND:
“And we wouldn't be surprised if they went down a lot more.
Why?”
AND:
“..Because the US stock market has been in a decline - in real terms - since January 2000. This move to the downside won't really end until stocks are cheap again.”
Gold price predictions are heading higher. Call us at Lear Capital today!