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To: LS

Well, you’re talking to a Forex guy, so I’m into speculation. Any way you want to look at it, you can make money.

Paulsen has chosen to go the hyperinflation route, so an ounce of silver is going to be worth a whole lot of dollars. It’s only a matter of time, and that’s the only factor in the speculation- WHEN is the payoff going to come.


60 posted on 09/20/2008 8:47:09 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
It is an important distinction in definitions: "Investment"=something that generates growth apart from changes in prices. A company that is working correctly will be worth more next year than this because it is increasing value.

"Speculation"=taking advantage of different price differentials. But in speculation, the only way you can ever make money is to sell. Period. No amount of silver or gold in the world is worth anything if you don't sell. Nor will it pay pay a dime of dividends or ever split. So, sure, you can sell silver because of inflation, and you can buy and sell oil. But at some point, you have to BUY BACK or you can't do it again. Not true with an investment.

62 posted on 09/20/2008 10:03:57 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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