Thursday, May 27, 2010

Gold

RE:GOLD
“
Boned Jello

 Since it is impossible to determine the true mineral percentage of gold, small shops and dealers will pay for it as regular jewelry gold. What I would do if I were you: Besides gold coins, buy a lot of small gold rings and other jewelry. They should be less expensive than gold coins, and if the SHTF bad, you’ll not be losing money, selling premium quality gold coins for the price of junk gold. If I could travel back in time, I’d buy a small bag worth of gold rings. WHEN TSHTF
 ”
5/27/2010 10:31:00 AM 7 Comments

"If the number of Islamic terror attacks continues at the current rate, candlelight vigils will soon be the number-one cause of global warming. "
Argus Hamilton


Posted by at
Labels:

This will be the comment box

7 comments:

Anonymous said...

Sell premium... at the price of junk?
Huh?
WV = plizes; must be a Chinese plot.
Lt. Col. Gen. Tailgunner dick

5/27/10, 12:13 PM
Rodger the Real King of France said...

The quote is from a guy who lived through Argentina's collapsed economy. When you're trying to buy food from a black market, he's saying that your gold coins will be discounted to the value of lower valued jewelry. Makes sense.

5/27/10, 12:21 PM
Anonymous said...

BULLETS AND BEANS first.
RAK

5/27/10, 1:07 PM
molonlabe28 said...

I agree with anonymous that ammo is the currency of the new milleneum.

My wife, however, prefers gold.

5/27/10, 3:22 PM
Anonymous said...

Thanks Rodger and all for answering my question re gold coins in your earlier post. Everything you said makes complete sense. We've been buying what ammo we can get here in California, but Arnold has passed a law making it illegal to mail order ammo after this October. (MFSOB!!!) I guess now I am left with no other alternative than the buying of large quantities of booze. I look forward to it...;-D

Ad rem...

5/27/10, 7:02 PM
Alear said...

I'm seconding Rodg here, I think I read the same article some years ago. The Argentinian inflation was huge, and on the streets, it was gold rings that ruled.

I'm also gonna mention silver dollars. You can get them on E-bay for $15 or so, and they carry their own authenticity. My buddy is buying the silver bars, but I'm not sure I'd ever trust them, certificate or no, unless I could assay them first. Other silver coins can also be purchased, for around 20% more than their cost as pure silver.

5/27/10, 9:29 PM
Lergnom said...

The quote is from
http://ferfal.blogspot.com/
Just my $.02, corrected for inflation.

5/29/10, 4:43 PM

Post a Comment

Post a Comment

Just type your name and post as anonymous if you don't have a Blogger profile.

Subscribe to: Post Comments (Atom)