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Will gold, guns, and safes protect you from Dow 1,400?

Posted Mar 7th 2009 9:20AM by Peter Cohan (RSS feed)
Filed under: Consumer Experience, Politics, Financial Crisis

Sales of safes are booming in New York and probably around the United States. (SentrySafe is a large safe manufacturer that probably has an opportunity for an IPO if it's profitable -- its stock would represent another great "fear play.") The price of gold hit $927 an ounce this week. And stock in Smith & Wesson (NASDAQ: SWHC) is up 79% since inauguration day (despite losing $76 million in its fourth quarter).

It's beginning to feel a bit like the period after 9/11 when people went out and bought gas masks, duct tape, and the antibiotic Cipro.

Continue reading Will gold, guns, and safes protect you from Dow 1,400?

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