Sunday, September 10, 2006
junking bonds on sunday morning
Piu' tardi tutto questo si perde di nuovo; svanisce o si dissecca,
non si puo' dire, ma un giorno ci si accorge che c'e' qualcos'altro al suo posto
e lo si dimentica subito, come le cose non vere, i sogni, le fantasticherie
"Vede, il denaro e' una potenza straordinariamente intollerante..."
robert musil, USQ
Annual Gain of Various Investments 1968-1979
19.4% Gold[The time frame is significant... 1968 was the very end of the last great stock market bubble. . . which is in third place in the history of modern U.S. stock market bubbles, behind the bubble of 1929 and that of 2000]
18.9% Stamps
15.7% Rare books
13.7% Silver
12.7% Rare coins
12.5% Old masters' paintings
11.8% Diamonds
11.3% Farmland
9.6% Single-family house
6.5% U.S. CPI (Inflation)
6.4% Foreign currencies
5.8% High-grade corporate bonds
3.1% Common stocks
tartito da ---gallizio
all'epoca manzonian-stercoraria in scatole catodiche
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