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Re: How to protect assets



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At 08:52 AM 10/5/99 -0600, Gary Fritz wrote:
>I think this would be a good topic of discussion.  It's probably of 
>most interest to U.S. traders, since it's our currency and our 
>economy that have been so mismanaged and are likely to fall.  But 
>other countries are likely to suffer from the collapse as well, so 
>all of us may benefit from the ideas.

Look at US imports and the type of imports.
Assume demand collapse 50% (is that enough?).
Find the countries that will be least affected. 
Check those countries' trade. And then do a cross check 
of the those countries with those badly affected.
The last one standing, you go there. 
I suspect India will be one of them. 

In a downwave, I think it will be like the 70s, if your are a stock broker,
nobody wants to talk to you at a party. What trading?

I suspect gambling activities will do well though. Anybody got ideas what
will hold up in a depression?

If you got gold, keep it quiet, a gun might not help.