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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Slife who wrote (8172)3/2/2008 6:07:47 PM
From: Jamey  Read Replies (2) | Respond to of 50506
 
These commodity bulls have been known to run as long as 23 years. If it were my money, I would buy all the silver eagles I could safely store in a safe and the rest in numismatic gold double eagles, probably ST. Gaudens. I have been buying since 2001 and feel perfectly safe on my investment. I have so far realized profits that I could never make in the stock market. You are separating yourself from FIAT money that way. You are not holding instruments that have a debt drawn against it. Gold and silver is beholden to no man or government. What you hold has no claims against it. It wil always retain inherit value. I don't see the dollar reviving for many years since there are trillions owed against it. As long as the dollar falls gold will continue to increase.

Jim



To: Slife who wrote (8172)3/3/2008 9:11:39 AM
From: sixty2nds  Read Replies (1) | Respond to of 50506
 
I have never heard or read that Dave Ramsey was against gold or other investments. What he does say is IF you play/trade the markets including real estate it should be with cash. It should be $$ you can afford to lose. Once you have completed "The Baby Steps" That investment should not be more than 5-10% of your total portfolio.