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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (51194)	10/24/2007 7:01:53 PM
From: loantech	Read Replies (1) \| Respond to of 78419

<All the guru's agreed that fiat is doomed, and yet to a man they said, "stay out of debt".>> Uh yeah. Dollar falls. Things get more expensive. You lose your job or income. Boom. Hard to cash flow that extra debt you took on for the 4X4 or boat or trip to Europe or the new kitchen with marble counters and cherry cabinets. So I say buy the stocks as you suggest but do not take on debt you never know when the party may be over.

To: tyc:> who wrote (51194)	10/24/2007 7:07:19 PM
From: heinz44	Respond to of 78419

That means buying stocks (or gold) on margin..........Thats a def NO NO.......Slan has a v good reason............but my reason I follow the teachings of the MAN ...SINCLAIR and he says no....no

To: tyc:> who wrote (51194)	10/24/2007 7:38:42 PM
From: marcos	Read Replies (1) \| Respond to of 78419

Debt doesn't bother me when it's for investment, used it a lot over the years, couldn't have done hardly any project without it ... only got burnt once, 1981, serious whackdown below zero net worth for a while, but i had a vivid and interesting life working out of that, don't regret it for a minute, borrowed far more than that since, never at net loss You have to be able to service/cover debt, for sure, there are stupid ways to use it, but there are responsible ways too, the leverage is highly useful ... i'll be dipping into margin next week most likely, once we see what the Fed is up to and some sort of direction is clear - i wouldn't want to tell my daughter in twenty years that i knew the Great Gold Bull was on yet failed to take reasonably full advantage of it ... plan will be to add more of your mr.to, wgi.to, possibly aru.to, agi.to, ngx.to, and a few others, one being maybe adm.v where i've missed the boat so far ... margin means having to keep your finger on the sell button for a few shares, but that's increasingly easier for me as the daylight gets shorter and the monsoons start up ... thinking about getting full stockwatch and two new flat screens as well, the whole nine yards, go big or go home as we say in the woods