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To: freeper12
The first thing people should focus on is getting out of debt. For a family, it is important to get out of debt (including mortgage) in any type of environment - but especially so in a deflationary environment. My wife and I are making extra payments every quarter so our 30 year mortgage is closer to a 20 year.

Gold and silver coins can be bought from Kitco or any of the major bullion sellers. It is easy enough to buy silver 1 ounce and gold 1 ounce Eagles or Maples. Gold stocks can be decent but just like regular stocks they are volatile. That's why I stick to the basics: get out of all debt and get some physical gold and silver.

43 posted on 12/10/2002 10:16:05 AM PST by fogarty
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To: fogarty
Gold and silver coins can be bought from Kitco or any of the major bullion sellers. It is easy enough to buy silver 1 ounce and gold 1 ounce Eagles or Maples. Gold stocks can be decent but just like regular stocks they are volatile. That's why I stick to the basics: get out of all debt and get some physical gold and silver

Silver coins may be the way for folks to go initially, if one must consider holding physical precious metals. It's more affordable based on the experiences of folks I know.

45 posted on 12/10/2002 10:22:39 AM PST by Fury
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