Any downside to bars?

Discussion of the Gold portion of the Permanent Portfolio

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Kriegsspiel
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Re: Any downside to bars?

Post by Kriegsspiel »

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.
You there, Ephialtes. May you live forever.
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sophie
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Re: Any downside to bars?

Post by sophie »

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?
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Hal
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Re: Any downside to bars?

Post by Hal »

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
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Libertarian666
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Re: Any downside to bars?

Post by Libertarian666 »

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 »

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.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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Hal
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Re: Any downside to bars?

Post by Hal »

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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