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al44

11/10/08 6:45 PM

#8748 RE: 4Godnwv #8747

I am also of the mind that silver is the better investment for % returns. I accumulated as many K rands as I could afford until gold hit the $360 area. From that point on I continued with just silver in mostly US 90% coins. I was and would still use Tulving, however I am getting better deals on Ebay believe it or not. I also started putting away silver and non silver modern Roosies, all NGC and PCGS with a few ANACS and ICG. Always go for the top grades as they appreciate far more than lesser grades.

.......al

Picassa

11/10/08 8:15 PM

#8751 RE: 4Godnwv #8747

ENJOY


GOLD + SILVER RUSH BY THE END NOVEMBER


http://www.netcastdaily.com/broadcast/fsn2008-1108-1.mp3

SilverSurfer

11/11/08 8:49 AM

#8756 RE: 4Godnwv #8747

talking with friends I find most of them are holding a lot of stocks or stock funds "for the long haul". This comes to light in casual conversation about the "market bottom" and I blurt out that I think we will be able to say it is a bottom when 90% plus with 401(k) and IRA money in the market have thrown in the towell and the nightly news says most Americans are "all out of stocks" and I belive that bottom may still be a year or two away. This opinion does not float well in mixed company nor do they like hearing I switched from stocks to PM trading (and physical) in 2007....These longs have not heard or refuse to believe the facts...

Friday, November 07, 2008
ECRI WLI GRowth Rate Continues Plunge to Record Lows
Today the Economic Cycle Research Institute, or ECRI an independent forecasting group based in New York, said its Weekly Leading Index (WLI) fell to its lowest level in its six decade history. The WLI and its growth rate are designed to predict future turning points in the business cycle (recessions and recoveries.)

Commenting on the data, Anirvan Banerji, from ECRI said

"We are now in a severe recession." and "The leading indicators are showing no light at the end of this tunnel. In the last week of October they registered their worst readings in their six decades of history. It tells you the economy's not just down, it's plunging. There is no end in sight to this recession."

Only Question is >>

The case for Cash

http://www.marketoracle.co.uk/Article7224.html

The case for Gold

http://www.marketoracle.co.uk/Article7213.html

I tend to think we will have both deflation of paper and inflation in real assets as the second article describes.

Not sure if the total crash to chaos is going to hap but it could….. scary hge