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Old 09-18-2008, 03:46 AM   #15
Baggywrinkle
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Default Re: Standing on moving ground; get out of debt

Quote:
Originally Posted by MargueriteBee View Post
A friend who is a retired financial advisor said to not pay off my debt (just a few credit cards, no mortgage) because when the dollar crashes so many people will not pay their debts it won't matter. On the other hand I want to pay it all off if I retire this year. I'm not sure what to do so I think I will ask my higher self in meditation.
One avenue which we consider valid - especially if you
are uncertain is to invest in gold/silver. Using this
vehicle to protect the value of your wealth may allow
you to pay off your home with devalued dollars later.

During the thirties a one ounce gold piece would buy a nice
mans suit. Today that same one ounce gold piece will still
buy a nice mans suit.

We opted instead for the Alpha strategy, stock piling
stuff we actually use because you cannot eat gold.
As I sit here I am awaiting delivery of a case of #10 cans
of dehydrated potatoes. These may be bartered or
consumed later

Last edited by Baggywrinkle; 09-18-2008 at 03:48 AM.
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