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International Rectifier Corporation Message Board

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  • boar211 boar211 Feb 28, 2002 4:19 PM Flag

    Re: GREAT DEPRESSION coming? Yes or No?

    Hi Getsout
    For a different point of view may I suggest "Stocks For The Long Haul" by Jeremy Siegal, 1998. He gives an excellent history of the effects on both Great Britain and the U.S. economies AFTER they went off the gold standard. True, inflation did manifest itself after the change but returns from stocks (not bonds)significantly increased the real income for investors.
    In fact, most of the Nifty Fifty stocks in 1972 were undervalued! Our biggest problem is realizing which stocks are presently undervalued but have the potential to achieve great results.
    Even though I am underwater with IRF, I believe it is one with huge potential.

    cheers
    boar

 
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