nightrider767
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Feb-22-08 10:00 PM
Response to Original message |
5. If things go bad, even oil and gold won't be safe... |
|
I was looking for an out too. But if things go to "hell in a hand basket", demand will drop for gold and oil. So I don't think there is a recession proof investment, especially considering, as others have mentioned, it will be an international event.
Now that being said, on the upside, I'm looking to recover my losses by re-investing in the stock market after it bottoms. I think the stock market will lead us into the recession and then will lead us out.
When that will happen is anyones guess.....
|