Seashells are out of fashion?
If you bought Bitcoin on Friday, you have lost almost 28%
- Thread starter Pekelo
- Start date
Something that I could use to give to someone else in exchange for goods and services. Gold ingot somehow just doesn't fit the bill for my morning bowl of Corn Flakes.
Outside of electronics, gold has little industrial use. Silver has way more industrial use. Its value is in being pretty
Then keep some of your money in a fiat currency for its easy transactional value. Keep the rest in gold and sell some gold when you need more fiat.
I looked a bit at physical gold and didn't find it a particulary great store of value, especially if one get to live in different places. It is heavy, probably problematic to take through borders in any quantity above personal jewellery, and not all countries seem to offer good places for retail folks to sell it back without getting butchered.
Banks in some countries offer one to buy gold bars and keep them in safehouses, it might be a good solution especially if the safehouse is in a warehouse in international zone to ease customs issue when one wants to take their gold with them, but costs appear higher than buying something like GLD or rolling over GC contracts. Curious on the best deals for private people to buy a few (or more) kilos of gold, and how they can later transport and resell it.
Banks in some countries offer one to buy gold bars and keep them in safehouses, it might be a good solution especially if the safehouse is in a warehouse in international zone to ease customs issue when one wants to take their gold with them, but costs appear higher than buying something like GLD or rolling over GC contracts. Curious on the best deals for private people to buy a few (or more) kilos of gold, and how they can later transport and resell it.
16 caracoles to be exact, is what the Babalawo will throw to perform a reading called el resgistro. Im going to get the local Italero to put your handle in a bath. Watch your step kid.
Nah. Found absolutely no need for the shiny useless stuff. Leaves more for the obsessors, tinfoil hat end of time wearers and central banksters.
Forget Bitcoin, Ethereum is the new king of cryptos:
https://www.elitetrader.com/et/threads/ethereum-vs-bitcoin-is-eth-the-better-investment.309948/
https://www.elitetrader.com/et/threads/ethereum-vs-bitcoin-is-eth-the-better-investment.309948/
Central bankers hate gold, or they pretend it doesn't exist.
If you don't have any gold in your portfolio, you have no regard for the lessons of history.