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Author: splotto Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35383  
Subject: Re: Deflation Date: 5/10/2003 2:41 PM
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Paul:

I agree that gold is a hedge against either deflation or inflation. It has an value all it's own.

I keep a modest amount of my overall portfolio (5%) in gold (I prefer the metal itself; I can buy it on eBay tax free and sell it at any coin store).

I don't think I would ever own more then 20% unless I was very sure about it's prospects in the short term and was looking to make a play.

Splotto
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