...if there is no rule of law, there is no such thing as a "security" not in bonds, and not in equities a least not in Europe.Somewhat in a similar vein I have been adding to my physical silver bullion lately. I know, I know, many consider the whole notion to be a paranoic redneck predilection! However, the latest purchases have been with a view to the notion that perhaps some fraudulent silver coins may be making their way into the markets. My latest manner of protecting myself from that particular con is to buy the silver from a silver mining company. First Majestic Silver has some nice items. I don't own their stock yet but tonight made my second purchase from them. The first purchase was the 18 0z. proof rounds which were delivered timely and looked far better than I expected. The latest purchase was for several rolls of the one oz. rounds.For anyone interested, here is the site:https://www.store.firstmajestic.com/As far as an exit strategy....well that is a work in progress....I don't think the monetary abuses have yet reached the transformative stages, and until they do I can't really take the exit planning much further. I know I will sell one day, and I know I might keep some small mementos for nostalgia purposes. But this whole currency game seems to get more and more asymetrical with those that make the rules and the rest who have to lose by them. Cyprus is just the latest shot heard 'round the world.Poz
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