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Re: Let's talk about GOLD or other precious metals 

By: Beldin in 6TH POPE | Recommend this post (2)
Fri, 23 Aug 24 4:20 PM | 18 view(s)
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Msg. 57067 of 58510
(This msg. is a reply to 57061 by micro)

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I know De has already responded to this, but I will add that I have a lot of U.S. silver coins (mainly half-dollars and dollars) rated VG (Circulated - Very Good) that should make it easier to trade for smaller things, than say having only a 1 oz. gold coin in your pocket.

I also am heavily invested in a couple of other metals - brass and lead. 




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The above is a reply to the following message:
Let's talk about GOLD or other precious metals
By: micro
in 6TH POPE
Fri, 23 Aug 24 2:09 PM
Msg. 57061 of 58510

My question and argument about these items in any form whether bars, bricks, coins, is always the same.
That is, so end times catches up here. what are ya gonna do with those gold bars or coins?

Ya go to a store and give them a gold piece and are they going to have change for ya? Just because SOME people have gold coins does not mean stores are going to deal in that commodity or what values do those coins have in that time besides face value? Likely worth a lot more than face value but how does that get honored iffen ya needs to buy something?

There is lots of things that are not known as to how that may or may not work well besides making yerself a target for anyone who finds out YOU got gold coins.

Just wondering about how anyone else sees that scenario playing out.. If you're the only one with gold coins trying to buy something and things are in dire straights, I am not sure anyone else should know you are sitting on gold coins..

Anyway, its just my brain mulling over some of these possible scenarios and wondering "what if".


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