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.")
To: elcid1970
Real question: how do U.S. holders of gold turn it into food, fuel, & other essentials? I dont 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).
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.
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