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To: yorkiemom

But those in Germany who had gold took their gold across the border & purchased Swiss francs which had fungible value anywhere in Europe.

Real question: how do U.S. holders of gold turn it into food, fuel, & other essentials? I don’t know, but I believe silver U.S. cartwheels can be far more easily exchanged for those things than gold. Thoughts?


15 posted on 07/15/2013 6:50:49 PM PDT by elcid1970 ("The Second Amendment is more important than Islam.")
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To: elcid1970
Real question: how do U.S. holders of gold turn it into food, fuel, & other essentials? I don’t know, but I believe silver U.S. cartwheels can be far more easily exchanged for those things than gold. Thoughts?

Those with foresight - and cash - did ok in Germany. Here too, I suppose. I'm lacking the foresight - where to invest? Switzerland again? They DID stay out of the Euro fiasco.

I wish I know. I can buy only so many preps....

I have silver because I figure it will buy a loaf of bread. While gold would buy a house. (Those swiss gold bars weren't around when I was buying - the ones that break off into gram sections).
18 posted on 07/16/2013 7:00:04 AM PDT by yorkiemom
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To: elcid1970

I think that relative to silver, gold is overpriced.

Keep in mind that PMs are what you should buy AFTER you have a long term supply of food, ammo, water, and other essentials taken care of. While both are important, preserving you and your families life is more important than preserving your wealth.


24 posted on 07/17/2013 3:50:39 AM PDT by RKBA Democrat
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