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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 35367  
Subject: Re: Winning the War Against Savers Date: 9/20/2003 2:32 PM
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Sonnet:

As for gold, you can do many things:

1. Gold mining shares. You can buy shares of gold miners. They prices tend to follow the price of gold up and down. You need to research to find some you might like. You need to consider whether they are hedged or unhedged, etc.

2. Gold Mutual Funds. There are several good gold and precious metal mutual funds that will allow you to get broad exposure to many prescious metal miners.

2. Physical gold. You can buy the actual bullion (bars, coins, etc.). I prefer to buy US gold Eagles and Canadian Maple Leaf gold coins. You can buy them at dealers like http://www.golddealer.com/index.asp or www.kitco.com or even on eBay. I prefer the coins over the bars because it's easier to sell the coins if you need to at a local coin store or on eBay. With bars, your local dealer might charge you a premium to buy a bar becasue he can;t verify it's content without melting it down. Whereas a US coin is what it is. I would stay away from buying gold coin proofs or coins valued for their age or defects. Such coins trade at such a high premium that you are really making a coin investment rather then a bullion investment.

Drop bye the mining and metals board. There are many people there who can help too.

Splotto
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