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DeepBlue1

10/03/08 10:20 AM

#23923 RE: starboy #23922

Two days ago when that article was written I'd have agreed with it 100%, but since then things have changed and so has my opinion which you already know.

IMO, the easiest way to play this right at the moment is...if the bill doesn't pass/get to the floor I'll buy all the gold and silver I can get my hands on for the next 24 hours.

But if the bill does pass, I wouldn't touch it because the way it stands now it'll be DEFLATIONARY for PAPER silver/gold but may or may not be deflationary for physical.

As for physical gold/silver...especially silver...any I owned I'd hold for now and add if a bargain to the current price happens to present itself.

And if the bill DOESN'T PASS...I think physical AND paper silver/gold will rise.

So...

bill passes------bad for gold/silver

bill doesn't pass------good for silver

JMHO of course