10-09-2008, 01:36 AM
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#64
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Avalon Senior Member
Join Date: Sep 2008
Location: Out of Body
Posts: 98
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Re: Buy Silver & Gold Right NOW!
Quote:
Originally Posted by Brinty
"A" has $5,000 in the bank, but "B" has got a credit card debt of that same amount. Which of the two is in a better situation if the world's financial system goes belly up?
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Well I don't think it'd be 'B', because debt is hardly ever preferable.
And if 'A' has got his money in the right kind of bank (like goldmoney, where assets are converted into bullion) his chances may not be that bad. Certainly better than debt, I'd say!
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