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To: ndt
"that have no possibility of growth, an ounce of silver will always be an ounce of silver."

Yes, exactly. OTOH, an unbacked fiat currency Federal Reserve Note dollar may not be worth a Continental in the future. That is, if it follows every other unbacked fiat currency in the history of mankind.

But an ounce of silver will still be an ounce of silver.

22 posted on 03/02/2006 8:11:45 PM PST by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: Travis McGee

It's really handy and convenient to know you can instantly tune out and ignore anything said or written by anyone on finance as soon as you see the word "fiat."


25 posted on 03/02/2006 8:36:54 PM PST by Strategerist
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To: Travis McGee
I"ve always like silver bullion. I've been buying it for years. When one ounce rounds were selling for 5.00 a piece it was a real bargain.

I don't ever intend to do anything with it, I just like having it around.

Prospectors are my favorite. You never pay much of a premium on those.

L

40 posted on 03/02/2006 10:39:17 PM PST by Lurker (In God I trust. Everybody else shows me their hands.)
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