Any downside to bars?

Discussion of the Gold portion of the Permanent Portfolio

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Libertarian666
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Re: Any downside to bars?

Post by Libertarian666 » Tue Apr 14, 2020 10:41 am

Kriegsspiel wrote:
Tue Apr 14, 2020 8:24 am
Hal wrote:
Mon Apr 13, 2020 8:38 pm
My source: People who survived WW2 in Europe :)

Gold was a store of wealth to restart their life "after" the war.-> Coins/bars OK as life had returned to normal.

Silver "Coins" for trade during the war -> Any display of excess wealth (Eg, Gold) was dangerous.
Many people strawman this, but it's exactly right. I'd rather trade gold in a stable marketplace than one with its hair on fire.
Correct. Silver is for hand-to-hand transactions, gold is for capital transactions.
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dualstow
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Re: Any downside to bars?

Post by dualstow » Tue Apr 14, 2020 12:02 pm

Hal wrote:
Tue Apr 14, 2020 9:09 am
sophie wrote:
Tue Apr 14, 2020 8:51 am
Ha, how many groups of guys are there in the world where a post with "bars" in the title refers to the shiny metal, and not to locations serving alcoholic beverages?
Dubai guys have it sorted :D
(image above)
That is beautiful, and also very Sodom and Gomorrah. O0 Or Beowulf. Grendel is on his way to tear those guys apart for their ostentatious bar.
Sam Bankman-Fried sentenced to 25 years
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Hal
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Re: Any downside to bars?

Post by Hal » Sun Apr 19, 2020 7:01 pm

dualstow wrote:
Tue Apr 14, 2020 12:02 pm
Hal wrote:
Tue Apr 14, 2020 9:09 am
sophie wrote:
Tue Apr 14, 2020 8:51 am
Ha, how many groups of guys are there in the world where a post with "bars" in the title refers to the shiny metal, and not to locations serving alcoholic beverages?
Dubai guys have it sorted :D
(image above)
That is beautiful, and also very Sodom and Gomorrah. O0 Or Beowulf. Grendel is on his way to tear those guys apart for their ostentatious bar.
I just had to add this link that was received today ;)

https://goldsilver.com/blog/how-much-be ... urce=zaius
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