Replies to post #77111 on Traders Cooperative

[smartone]

roy
yes i know you are eternal pessimist :-)

i think that US is going to rebound .. there are so many opportunities
We are the greatest innovators in the world and will continue to be .

For example we are moving into post OIL world. ... US is in the forefront of technological advances in Green Technology. Every county is going to need these innovations and US economy will be the benefactor.

[Newly2b]

Hi, Roy. Yes, I have been taking defensive action since 2001. My current dilemma is whether or not to sell my real estate holdings in this country and put that money in foreign real estate. Still going back and forth on that issue. Otherwise, happy with my choices for my liquid net worth (PMs and foreign currencies in foreign banks) since all have gone up since I invested. Doesn't mean that will continue, of course (as we all know, past performance is no guarantee of future performance, LOL), but having a portion of my liquid assets out of the country and out of the USD makes me feel a bit more secure. Currently also debating whether or not to go deeper into the PMs with inactive cash earning nothing in banks here. The big argument against investing in PMs seems to be that they do not generate an income stream, but then, neither does cash in the bank these days and that cash is losing purchasing power daily whereas gold is at least holding its own (more or less), so. . .

Newly