peakoil

hope you bought some last week!!!

unless you are worried that the entire financial system will collapse - probably worth buying through bullionvault.com (google the owner - he's sound). You then don't have the physical ownership issues... but you probably do have a capital GAINS tax issue (you probably have that overseas too... but who knows....) Look at the historial gold/silver ratio. If gold goes up (and it will. A lot) then silver MIGHT do even better. the gold/silver ratio is way out from the "norm" and looks likely to correct as more people return to physical gold/silver as alternatives to failing fiat currencies. If gold doubles (at least) then I believe silver will treble (at least) As with all investments, don't put all your eggs in one basket.

Hi all, In the states the classic "jingle mail" is possible because if you owe $100,000 and the house auctions for the bank at $50k - they can't chase the previous owner for the difference. In the UK, of course, they can hound you for years, which they do... There is a name for this, I think it's something like "with prejudice" or "without prejudice" or something. Does anyone know the correct term for this type of mortgage where the bank can't pursue the owner? I am trying to find out if that is the case for a portuguese mortgage - I can't find the right term for a google search! If anyone knows anything they think will help (other than - whatever you do, don't buy a holiday home in Portugal... too late for that) - then I'd love to hear!

what term are you searching for to find a kilo of silver for 350 on ebay? I've just looked and can't find anything near that price? Would love to know! meanwhile, I have 5% of my net worth in silver at www.goldmoney.com parked in zurich. there was a purchase fee but I made that back in 4 days as the price of silver went up just at the perfect time for me! - It's back down again this week. Good time to buy. it takes a couple of days for your money to arrive with GoldMoney.com so get it sitting there and buy in the dips - same as gold at bullionvault.com - what I did notice was that bullionvault.com fulfilled my orders instantly as the price dipped - whereas goldmoney.com said "we'll try and get that price" - all a bit vague! - They then DID fulfil the price and it appeared in my account as Silver. Not as professional as BullionVault.com - but you can't buy silver from bullionvault. would love to buy some stuff to take delivery of though... more for fun than anything else, otherwise I'd need a huge safe!