Oh Come On

General Discussion on the Permanent Portfolio Strategy

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vnatale
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Re: Oh Come On

Post by vnatale »

Kbg wrote: Wed Jan 15, 2020 10:28 pmVersus
Thought that could have been the word you had meant to use. Would your statement remain the same if one were to pack that physical gold in three or four locations? An idea I got from a post in this Forum.

Vinny
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Kbg
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Re: Oh Come On

Post by Kbg »

vnatale wrote: Wed Jan 15, 2020 11:03 pm
Kbg wrote: Wed Jan 15, 2020 10:28 pmVersus
Thought that could have been the word you had meant to use. Would your statement remain the same if one were to pack that physical gold in three or four locations? An idea I got from a post in this Forum.

Vinny
I think I'm probably not the person to ask for an unbiased view...you dug up my articulation of what I really think. If I were to go down that road I'd think silver or bronze would be a bit more useful than gold as a medium of exchange. Historically, this has been the case. Kinda like should I have a wad of 20s or 100s buried in the back yard? 100s have a greater "value", but I don't think anyone would disagree that 1/5/10/20s are day to day more "useful."

PS. I have 50 acres of land, a tractor and a bunch of other farm stuff. :-)
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