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To: RC one

>> It covers your butt pretty well no matter what happens.

If a depression is what happens and you paid top dollar for your gold before prices slide, it loses your butt.

Just sayin’.


5 posted on 07/19/2011 3:49:25 AM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
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To: Nervous Tick

the chaos that will ensue from such a depression will make gold look like the only life boat left on a sinking ship full of people. the utter failure of unfunded currency? think about it.


6 posted on 07/19/2011 3:53:32 AM PDT by RC one (DO NOT RAISE THE DEBT LIMIT!)
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To: Nervous Tick
Gold and silver are only an insurance policy that should be owned by every thinking citizens against the possibility of an inflationary collapse. I have some, but I also have weapons, ammo and food stocks.

Precious metals are one more potentially useful (and maybe critical) item that we should stock in case of emergency. Anyone who puts all their money in gold and silver is acting foolishly.

26 posted on 07/19/2011 5:05:59 AM PDT by Dr. Thorne (Buy Gold and Guns Now!)
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