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Strategies & Market Trends : Ride the Tiger with CD

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To: GoldBull no bug here who wrote (99064)	11/18/2007 1:00:22 AM
From: CusterInvestor	Read Replies (2) of 312987

The question that keeps nagging me about owning physical is how useful will it be? How will it be used? Assuming 90% of avg N Americans have minimal to no holdings, what will the benefit be of owning it if less than 10% own it? Is it supposed to be medium of exchange, ie, money, what are we supposed to do with it among the 10% that own it? A am still fuzzy on this. The best I can come up with it may hold its value better than the dollar, so owning say, a 1 oz silver eagle worth $14-15 today may buy you $30 worth of paper money if silver doubles, more if the dollar continues to drop. But with limited availability, I wonder how practical it will be, and what happens if it becomes known you have silver?

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