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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ayn rand who wrote (23728)	10/22/2009 12:13:40 PM
From: benwood	1 Recommendation Read Replies (1) \| Respond to of 71407

I get very little mortgage tax break (standard deduction is higher). And... if it was a slam dunk, I'd own PM shares on actual margin, which would allow me to close out the margin at will. Yes, I think PM shares will beat the 6-6.5% I'd need to break even (after taxes, accounting for costs). Last October however showed me that my head could be handed to me. Heck, chances are there will be a rush of people who perceive it as a slam dunk. They will mortgage their homes and buy gold and PM shares on margin. Sort of like 1999 in tech stocks. And 2002-2006 in real estate. I guess I'm just a singles and doubles hitter <g>