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originally posted by: AugustusMasonicus
I only need to increase while I own it. What happens after is irrelevant to my investment.
I also buy silver and have some gold. Now I'm not a Peter Schiff/Ron Paul 'everything must be gold or back by gold' idea. But if you want to protect your buying power over the long haul, hanging on to metals is a damned good idea.
originally posted by: ttobban
is it really that hard while at Walmart, to bar code scan the clearance rack items, compare prices to Amazon & Ebay, clear the rack of items that have a profit to be made, and bank the difference when it gets resold? People are already there... most likely picking up one of those useless items to store under the couch. Well, knickknacks buried under the couch don't earn interest, and it's a poor avenue to expect savings to develop. A saver that wants a useless knickknack will buy two, and let another person buy the item for them since it's half off anyway.
Arbitrage... one of the best ingredients to capitalism that could exist!
It doesn't matter what you pay in taxes