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

To: pitbull_1_us who wrote (13733)	12/2/2008 1:31:58 AM
From: Slife	Respond to of 50070

Hi Pitbull, One thought is to buy put options at a strike price that is near your "break even". Basically it is insurance against falling precious metals prices. The drawback is that you have to keep buying "insurance". But you could also do some spreads to defer some of the cost. Would like to hear others' ideas. Chris

To: pitbull_1_us who wrote (13733)	12/2/2008 4:27:24 AM
From: Proud Deplorable	Respond to of 50070

"in that I may want to begin to scale out if they are drug much further down because of a withdrawn strengthening of the dollar" wrong strategy Panic will cause a final detachment USD vs Gold. It has to. As the truth continues to come out people will lose faith in all currencies. This system is finished, kaput and there is no saving it and if you think there is then there is....no saving you. Everyone I know is thinking about buying physical silver and gold but can't find any. Please sell yours to my friends.