by Concerned » Tue 18 Nov 2008, 01:37:08
$this->bbcode_second_pass_quote('KCFrog', 'I')'ve been listening to the show for around a year, and while the show is well done, Puplava & Co. have been dead wrong on everything since late June. This weekend they were mocking people investing in U.S. Treasuries, yet all of their core investments have gotten whacked over the past 4 1/2 months, some by more than 50 percent. At least people in U.S. Treasuries are keeping the principal.
Just think a little more long term than 6-12 months.
I got out of stocks in late 2004 switched to a balanced portfolio mutual fund, then to a conservative mix in 2006. Earlier this year I switched to cash when the market dipped 20%
Now I will be switching to Gold and some energy stocks.