August 23, 2007

Golden Facts



Of course, it is not so black and white with gold.

Where do you buy gold?
At the jewlery store? You pay more than market value there.

At the bank? It takes months to get physical possession of the gold.

At the pawn shop, one can always benefit from others misfortune, but market price will still be charged.

And then there's that nasty paper trail, just in case the gobs outlaw gold as a currancy and come to take it back.

Then, say in the event of a collaspe, you and I both know the gobs will always be there in one form or another.

Then there's gob spys, always looking for a leg up, you have to trade your gold with someone to make it tangibile, another trail and more people that know you have 'gold',

Also, keep in mind that in a complete collapse, a la WW2 germany, that gold is as likely to get you killed as it is to save you. I base that on info collected from family members that survived a real 'crash', one almost having her finger cut off for the gold that surrounded it, the same one watching neighbours being shot for not turning theirs over.

When a gun is put to your head, gold looses it's luster very fast.




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