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posted to rec.boats
nom=de=plume[_2_] nom=de=plume[_2_] is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default economist blames wall street for collapse

wrote in message
...
On Mon, 10 May 2010 10:43:58 -0700, "nom=de=plume"
wrote:

The point with metal is it is a hedge in the drop in the dollar.
Treasuries are just dollars and if the dollar gets devalued your
treasuries are devalued. That is why silver coins are 13x the face
value right now.


A hedge is fine, but putting _all_ your marbles in one place isn't a
particularly good strategy. You miss the inevitable upside for one thing.



We all should agree with that. I don't even keep all my money in the
same bank.



Doubtful. I don't keep my money in banks. I use the credit union. I had
BofA, but I don't like their policies.