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.