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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (91313)	12/8/2008 3:55:18 PM
From: Sr K	Read Replies (1) \| Respond to of 116555

Bloomberg.com In the three-month maturity, 82.98 percent of the bids that were filled came in at the high discount rate of 0.005 percent. The low rate submitted was zero percent, the median rate was zero percent, and the investment rate was 0.005 percent. The price was 99.998736.

To: mishedlo who wrote (91313)	12/8/2008 5:59:59 PM
From: Proud Deplorable	1 Recommendation Respond to of 116555

It's the truth, I wouldn't go near it for the reasons I mentioned. Mish, they ALL say they have the metals in their vaults. How do you know for sure? An auditor LOLOL? Sorry Mish, when it comes to money I trust NO ONE! and only the gullible trust anyone in the financial world these days. What do you have against owning physical gold in your possession? Anyway I have every intention to continue selling silver bars at 4.00 to 6.00 over spot to those who didn't listen years ago despite repeated admonishments to buy physical. I notice that the ones yelling the loudest about the premiums being outrageous are the ones who don't have the metals in their hands. To them I say TOUGH PATOOTIES, pay up or get nothing but spurious paper gold and silver. It's all so complicated....NOT