Discussion of the Gold portion of the Permanent Portfolio
Moderator: Global Moderator
-
Libertarian666
- Executive Member
- Posts: 5994
- Joined: Wed Dec 31, 1969 6:00 pm
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.
-
dualstow
- Executive Member
- Posts: 14232
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
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
(
image above)
That is beautiful, and also very Sodom and Gomorrah.
Or Beowulf. Grendel is on his way to tear those guys apart for their ostentatious bar.
Sam Bankman-Fried sentenced to 25 years
-
Hal
- Executive Member
- Posts: 1349
- Joined: Tue May 03, 2011 1:50 am
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
(
image above)
That is beautiful, and also very Sodom and Gomorrah.
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