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To: LS

I also own a business which generates a respectable ROI, so I get your point.

Precious metals are a good hedge against drops in value, though. They’re an excellent place to park savings, because Federal Reserve Notes are going to devalue now. Converting a doomed commodity (dollars) into a stable commodity is a smart move, even if you don’t want to technically define it as investment.


66 posted on 09/21/2008 8:05:15 AM PDT by ovrtaxt ( One useless man is a shame, two is a law firm, and three or more is a Congress. --John Adams)
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To: ovrtaxt

Yah, tell me about it: I bought Kruggerrs back in 1970 or so at $180, figuring they would never ever go above $450, when I sold. Two years later they were $800!


68 posted on 09/21/2008 8:55:15 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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