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To: Mamzelle

I’ve always thought a few silver spoons would be better than a gold Eagle—flashing some gold at a barter lot would be like inviting a crew of looters to follow you home...


I don’t know why anyone would try “flashing” their gold in public, any more that waving stacks of hundred dollar bills around.

Large purchases (like a vehicle) might be done with gold, but common sense (which every gold owner knows) suggests that smaller transactions are best handled with silver.

Frankly, any display of any wealth (including openly possessing the thing you just bought) could lead to looters following you. The smell of food cooing from your residence, or a generator running can do the same. there is nothing especially dangerous about gold. It’s just another asset.


14 posted on 10/10/2011 11:06:20 AM PDT by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: Beelzebubba
Your post is reasonable. However, I'd like to put forth the notion that gold is not like other assets. Gold is desired for its own sake, for its beauty and its primitive appeal.

IOW, gold can make people crazy in a way that other precious metals and assets do not and cannot.

15 posted on 10/10/2011 5:39:29 PM PDT by Mamzelle
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