Before the FDIC it seems there was silver and gold backing the paper money in circulation.

It is difficult when you're pretty much just looking for guidance and don't really have anything to offer My REIA meeting is tomorrow night with Stu Silvers.

I wish I was born with a silver and gold spoon on my hands and feet already.

I personally like gold and silver.

According to the CPSC press release, “hydrogen sulfide gas is the essential component that causes copper and silver sulfide corrosion found in the complaint homes.†They also state “Earlier studies found large amounts of elemental sulfur in the Chinese drywall.†The information provided by Alfred states “Researchers at Columbia Analytical's Simi Valley laboratory have confirmed that hydrogen sulfide is one of the major contributing agents causing corrosion; with its characteristic rotten egg odor, it is likely that hydrogen sulfide is also the major contributor to reported odors in affected homes.†The Columbia Analytical researchers also confirm high levels of elemental sulfur (i.e., naturally occurring pure sulfur) in samples of the Chinese drywall.

Both Kodak and Polaroid filled warehouses with silver to "hedge" against the rising cost - @ $45-40/oz.When it sank to $5, the hunt for those nasty speculators started, the devolution to starvation was already well under way in the "investor" world of Mo-Mo silliness gone again terribly "wrong", though it was actually EXACTLY right as it returned to its intrinsic value (that value as applied to an end use with value of its own.please share any and all rants, thoughts, view points....Illegitimis non Carborundum

With my affinity for the yellow and silver stuff over the last few years I am capitalizing on uncertainty/uncharted territory.

The last few years have necessarily caused us to focus on shoring up our balance sheet and learn to raise equity capital instead of being dumb, fat, and happy on debt.The silver lining is that those who can figure out how to do things the hard way have a lot less competition and the returns are fatter.

If you look at comps for the past year, it seems you cannot get into Silver Lake/ Echo Park for under $750,000, unless property needs over $200,000 of capital to achieve market rents (only a few of those seem to have sold).

There's not going to be a "silver bullet" if that's what you're looking for though.