gallick
- 29 May 2004 23:39
I was about to throw away another piece of junk mail when I read "The American meltdown of 2005-2006"...and how it will effect every UK investor.
The advert continues... "we are in stage one of a devastating cycle that destroyed the livlihoods of millions of ordinary people in the UK in the 1970's".
Inflation soared....gilts collapsed...property prices slumped...manufacturing declined...unemployment skyrocketed ...
NOW IT'S ABOUT TO HAPPEN AGAIN.
Now obviously this organisation wants to sell their subsciption to me and are therefore likely to dramatise things, but only when I read on did I realize that it was the Fleet Street Letter who were making the sales pitch. To my knowledge they are a reasonably sober publication who have been around for donkey's years (one of their claims is that in 1938 when Neville Chamberlain was still promising 'peace in our time' they warned of the coming world war).
Lord Rees Mogg is one of the contributers...again pretty sober!
Does anyone subscribe and if so, what do you think of them.
Regrds
gk
gallick
- 30 May 2004 08:48
- 3 of 3
Cheers Andy
Yes I have seen and contributed to that thread. I was more interested in whether anyone had any views about FSL's "global macro vision", rather than is this or that share a good bet. After all if they are preaching financial armageddon then things are mainly going down and getting out of markets/ getting ready to short is what it is all about. A big exception is gold of course which I know they are bullish about.
rgrds
gk