Although I agree with the sad state of affairs re: the US economy, I fail to see the ultimate wisdom in precious metals. A far better solution would be to invest in self-sufficiency: power, food, etc. Gold may have a quite limited value of exchange in a state of total chaos. Plus, if things don't go down the crapper, you still receive real value for your investment by reducing/eliminating utility and food bills.
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Following up on the pro Activision comments: in addition to the points made above, Guitar Hero isn't selling poorly, it's selling out but there's insufficient supply. If you don't believe me, check out Amazon, Gamestop, etc. People are selling the band kit on ebay above retail. Demand is there, and the Christmas numbers are going to surprise a lot of people.
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You are on the money. Worse, credit card debt is probaby covering more than incidental daily living expenses; it's the last-ditch effort to pay the mortgage. Obviously if that's the case, there is nothing but trouble ahead.
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