Friends:

           The Middle Way of Wise Moderate Ontology:

The Blessed Buddha on speculation on existence:
This world, Kaccana, is generally chained up by involvement,
clinging & attachment to various views! But one of right view
neither becomes engaged nor cling to such rigid commitment,
clinging, mental standpoint, adherence, nor underlying tendency!
He does not take a stand about 'My Self' nor has he any perplexity
or doubt about what arises is only Suffering arising, & what ceases
is only Suffering ceasing! His assurance about this, is independent
of others... In this way, Kaccana, is there advanced right view !!!
'All exists': Kaccana, this is the one extreme.... 'All does not exist';
this is the second extreme !!! Without veering towards either of
these extremes, the Thus-Come-Thus-Gone One teaches Dhamma
from this Middle:
Conditioned by ignorance, mental construction comes into being.
Conditioned by construction, consciousness comes into being.
Conditioned by consciousness, name-&-form comes into being.
Conditioned by name-&-form, the-6-senses come into being.
Conditioned by the-6-senses, contact comes into being.
Conditioned by contact, feeling comes into being.
Conditioned by feeling, craving comes into being.
Conditioned by craving, clinging comes into being.
Conditioned by clinging, becoming comes into being.
Conditioned by becoming, birth comes into being.
Conditioned by birth, ageing, decay, & death comes into being.
Such is the arising of this whole mass of suffering ... !!!

Note: Neither 'Substantialism' nor 'Illusionism' but 'Realism'...

Source: The Grouped Sayings by the Buddha. Samyutta Nikaya XII (15); [II 17]
http://www.pariyatti.com/book.cgi?prod_id=948507 An Ocean of Dhamma Teaching!
http://www.accesstoinsight.org/canon/sutta/samyutta/sn12-015.html Full text here!

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 Bhikkhu Samāhita, Sri Lanka.

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