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Re: [sharechat] US 'War' strategy

From:	"lippy" <rathel@xtra.co.nz>
Date:	Sun, 9 Jun 2002 09:16:31 +1200

Gold stocks will provide no protection should war start in india. Gold stocks are already looking pricey and it could be time to take profits.

If conventional war breaks out the markets will crash worse than sept 11th. Fear of nukes adding to the gloom.

Should nukes actually be used the whole world will change and the value of stocks will plummet like never before. Added to this there will be a huge rise in unemployment etc and untold unknown effects, all this will mean cash will be important and if all your money is in stocks then you will be stuffed.

Personally at present i will not commit more than 20% of my finances to stocks, the rest is cash. And that cash in stocks is only in those that are rising and will be liquidated on any signs of weakness

Nick

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