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Re: milo3 post# 20355

Wednesday, 05/15/2013 7:15:13 PM

Wednesday, May 15, 2013 7:15:13 PM

Post# of 22257
College Doesn't Take Gold As Payment ):

Milo3,

Today I ran across a person I know from a mutual acquaintance. He, his wife, and I were talking computers and then the conversation turned a bit towards precious metals. He said a person he followed was saying to own physical and not ETFs. He also said this person has noted that the American dollar may bottom in less than five years. I told him I personally felt it would be less than two years.

If I could hold for that long, without needing to liquidate, I would likely do so. I would likely liquidate my gold and sterling and then purchase American silver dollars (Morgans) with most of the earned funds. As I have said earlier, I prefer them over Eagles or Maples.

In the aforementioned conversation, I told them I would likely be liquidating some 14k necklaces, and other gold pieces like earrings and the like. I said I would be needing the money for college. He then said that you couldn't pay for college with gold and laughed a bit as did I.

What a shame. They really, really should consider it. :)

Peace Out,

White Cobra




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