9/22/08

Thought of the day

There is a momentous transfer of power and wealth from us to the bureaucratic structure of this country. I recognize they had to do what they had to do to save us from disaster. The trends, however, are in place and are irreversible.

It is no coincidence, as I noted here a few days ago, that gold and oil are strong and the dollar is weakening.

There is a a sense of inevitability in the way human events develop. They tend to increase the power of some classes at the expenses of other.

Meanwhile, opportunities are created. But you have to be in the right asset classes.

More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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