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To: KarlInOhio

This is what they do (did) in vietnam. The commie types
didn’t like owners to hoard cash to capitalize and grow
so there were notes that would expire. So no one could be
rich for very long.

This Fed thing is a re-enactment of Japan in the 90’s
They Also Tried Stimulus spending sapping their reserves until they are now a big debtor country. (remember how unbeatable Japan seemed with all that land value) why they could buy california.

I am going to take my best advice, gona go buy gold coins
of 1 oz and 1/10 oz. I am pretty sure if things get bad
enough it will be illegal to buy gold. Their reasoning being is that it ties up capital and accelerates the economic downturn.)

so my liquid positions will be 50% Cash & 50% Gold Coins
that way I am covered either way


64 posted on 12/16/2008 12:22:23 PM PST by Admiral_Ritt
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To: Admiral_Ritt

In a hyperinflation, equities are the place to be.


68 posted on 12/16/2008 12:37:04 PM PST by oblomov (Every election is a sort of advance auction sale of stolen goods. - Mencken)
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To: Admiral_Ritt

When they come for your gold, give them lead instead.


72 posted on 12/16/2008 12:50:19 PM PST by Ancesthntr (An ex-citizen of the Frederation dedicated to stopping the Obamination from becoming President)
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