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gold prices



I just looked at gold prices.  It's funny that they say that gold prices
are falling, but, since 2002, when I bought my fund, prices are way up.

But, I suppose it doesn't matter much since, even with all the bonds in my
portfolio, my 401K is down by 30% at this point.

 > From: robert <http://dummy.us.eu.org/robert>
 > Date: Sun, 15 Mar 2020 16:11:27 -0700
 >
 >  > From: "Gail" <http://www.cox.net/~g3>
 >  > Date: Sat, 14 Mar 2020 20:38:19 -0700
 >  >
 >  > From: Robert Reich [http://www.inequalitymedia.org/~robert] 
 >  > Sent: Sunday, March 08, 2020 9:02 AM
 >  > To: Gail <http://www.cox.net/~g3>
 >  > Subject: Why Young Voters Still Love Bernie
 >  > 
 >  > Since February 24th, with the lethal coronavirus spreading around
 >  > the world, middle-aged and older Americans – not only
 >  > most vulnerable to the disease but also accounting for most
 >  > retirement savings – have been fleeing stocks for the
 >  > relative safety of US government bonds.
 >  > 
 >  > The stampede has gutted the stock market while reducing bond
 >  > yields, which move in the opposite direction of bond prices, to
 >  > unprecedented lows. The interest rates on the 10-year Treasury note
 >  > fell Friday to a record-breaking 0.71%.
 >  > 
 >  > Despite the Fed’s half-per cent cut in interest rates
 >  > last Tuesday and the labor department’s upbeat jobs
 >  > report on Friday, the flight to safety continues. Bonds are deadly
 >  > dull, but when the economy is wracked by uncertainty
 >  > they’re the safest havens available.




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