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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: GoldBull no bug here who wrote (99064)	11/18/2007 1:00:22 AM
From: CusterInvestor	Read Replies (2) \| Respond to of 312999

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?

To: GoldBull no bug here who wrote (99064)	11/18/2007 7:38:26 AM
From: tyc:>	Read Replies (1) \| Respond to of 312999

>>the trillions and trillions of dollars of debt bears down on us Do you ever consider the equity supporting the debt ? It is the equity that we invest in, not the debt. One anecdote: The headline screams,"Barclay's write down 2.7 billion on mortgage woes". Later in small print the article revealed that . After writedowns pretax profit was ahead of last year at 1.9 billion pounds (sterling). . It continued to have exposure, but it had sought to limit future write downs by valuing at zero all its residential mortgage banking securities, CDO collateral, and 2nd lien mortgage collateral. I'm not smart enough to assess this, but it sure doesn't spell doom to me. Despite the debt, or perhaps because of it, as a society we are all richer (in equity) than ever we have been.