Gold in a collapse

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
I Shrugged
Executive Member
Executive Member
Posts: 2064
Joined: Tue Dec 18, 2012 6:35 pm

Gold in a collapse

Post by I Shrugged »

Here’s a short video by a Lebanese woman on gold as collapse insurance. She makes some interesting points. I was most interested in the shot of people in Venezuela shaving gold slivers off of coins to make smaller purchases.

https://youtu.be/ggiiKfXQDG4
welderwannabe
Senior Member
Senior Member
Posts: 107
Joined: Sat Jul 20, 2019 12:53 pm

Re: Gold in a collapse

Post by welderwannabe »

Great post and was the kick in the a$$ I needed to buy some fractional coins, and also helped validate my recent silver purchase!
User avatar
dualstow
Executive Member
Executive Member
Posts: 14292
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Gold in a collapse

Post by dualstow »

I Shrugged wrote: Thu Dec 22, 2022 1:18 pm I was most interested in the shot of people in Venezuela shaving gold slivers off of coins to make smaller purchases.
I’m sure that will make Smithers happy about his 5g pieces.
Do they use silver at all?
🍍
ppnewbie
Executive Member
Executive Member
Posts: 862
Joined: Fri May 03, 2019 6:04 pm

Re: Gold in a collapse

Post by ppnewbie »

I love combibars
User avatar
I Shrugged
Executive Member
Executive Member
Posts: 2064
Joined: Tue Dec 18, 2012 6:35 pm

Re: Gold in a collapse

Post by I Shrugged »

dualstow wrote: Fri Dec 23, 2022 3:14 pm
I Shrugged wrote: Thu Dec 22, 2022 1:18 pm I was most interested in the shot of people in Venezuela shaving gold slivers off of coins to make smaller purchases.
I’m sure that will make Smithers happy about his 5g pieces.
Do they use silver at all?
Yes.
Post Reply