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To: OldGuard1

Gold, silver, other precious metals, food and water and medical storage.

When you bet against no recovery, you are in survival mode.

In a “no-recovery” mode, you are in a vacuum, and nature (especially human nature) despises a vacuum.

In the short term, if you know what you’re doing, you can short-sell and make a profit.


6 posted on 08/27/2009 9:08:59 PM PDT by Ghost of Philip Marlowe (Impeach President Bernanke.)
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To: Ghost of Philip Marlowe

Check out the ticker symbol SDS and other’s like it. They do short and ultrashort in simple, pay to play stocks. The summary of the SDS (ultrashort) is that you buy it at a price, call it $100 a share. If the market goes up 2% you lose 4% ($4), if it goes down 2% you gain 4% ($4). I don’t know how or when it reconciles, I am researching it now for all of these reasons mentioned above.


30 posted on 08/27/2009 10:26:13 PM PDT by yankeebulldog ("Semper Viper!")
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