Gold in a collapse

Discussion of the Gold portion of the Permanent Portfolio

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I Shrugged
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Gold in a collapse

Post by I Shrugged » Thu Dec 22, 2022 1:18 pm

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
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Re: Gold in a collapse

Post by welderwannabe » Thu Dec 22, 2022 3:47 pm

Great post and was the kick in the a$$ I needed to buy some fractional coins, and also helped validate my recent silver purchase!
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dualstow
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Re: Gold in a collapse

Post by dualstow » 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?
RIP Marcello Gandini
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Re: Gold in a collapse

Post by ppnewbie » Sat Dec 24, 2022 1:05 am

I love combibars
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I Shrugged
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Re: Gold in a collapse

Post by I Shrugged » Sat Dec 24, 2022 6:37 pm

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.
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