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To: sea_biscuit who wrote (49395)	4/8/2006 6:59:44 AM
From: Square_Dealings	Read Replies (2) \| Respond to of 116555

There's too many variables. The best you can do is try not to be in debt and have some cash reserves and/or a good job. Hedging stuff is what Wall Street does and it is why we are in such a precarious financial situation. Everyone thinks all the hedging will limit their downside except for it to work the guy that sold you the hedge has to make good. Hedging a home in S. Florida for example might be a waste of time, its probably better to sell. m

To: sea_biscuit who wrote (49395)	4/8/2006 11:00:10 AM
From: TH	Respond to of 116555

Dipy, In early 2004 I determined how much equity I had in my house and purchased bullion equal to that amount. This bullion is separate from my investment bullion. So far it has been a winning play. Someone could arrange a home equity loan and use the funds to buy bullion or the gold ETF. I think home equity rates are around 8%, so this would have been a winning play over the past couple of years (as long as you can sell the bullion in the event that POG were to decline). GT TH