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Silver Wheaton Corp. Message Board

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  • reticiiz reticiiz Apr 19, 2006 1:18 PM Flag

    with silver pushing towards $15/oz...

    There might be a correction but SLW is a great trader, buy bullion long term and forget about it. When recession hits you never know how stocks will react but bullion on hand is a good security. Gloom and doom sound about right but the reality is that US is bankrupt and is only surviving on IOUs. If it wasn't for it having a reserve currancy status it wouldn't have been in depression long time ago. Nothing happends over night. Interest rates will continue going higher, if foreigners stop buying US bonds then someone will have to pay for the debt and that's US public by means of higher taxes and interest rates will be used to "stop" the inflation.

    Trade stocks accumulate REAL bullion and get out of DEBT!

    Best to all

23.9765-0.3135(-1.29%)11:43 AMEDT