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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by silvercoinon Oct 05, 2007 2:23pm
320 Views
Post# 13530448

What now.....Alice?

What now.....Alice?TODAY: 1) Bank Funds (derivatives) are "blowing" up in the USA,BRITAIN SWITZERLAND, GERMANY, etc. 2) Bear Stearns, CitiCorp, Bank Of America, Merill Lynch, Goldman Sachs etc. funds are all bankrupt. 3) US FED, US PRESIDENT, and CONGRESS all promise "bail-outs". 4) More nations are moving away from using the US DOLLAR as a reserve currency. 5) US GOVT. is BANKRUPT....fiscally and ethically. 6) GOLD and SILVER are "real money"(no US dollar...IOU). FUTURE:1) Higher INFLATION and higher TAXES. 2) The current "credit crisis" will lasts for years. 3) Loss of jobs. 4) Recession coming "soon". 5) We will get "more empty promises" from politicians. ........Alice, let the BANKS, POLITICIANS, GOVT. and WALL STREET create "their own nightmare". Pay off your debts. Get out of the stock market (big correction) for now, you can re-enter after "credit crisis" subsides. Finally BUY some GOLD and SILVER. ........Lastly, Alice enjoy life....Go to the movies,buy a new dress, go on a trip. Be "happy". Remember "troubles is troubles own reward".
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