OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

silverngold @ 12:54

Posted by Captain Hook @ 21:04 on December 14, 2024  

I can understand your opinion.

But to put things in perspective.

Premiums on buying Goldbacks are 100% right now.

Not too long ago (just a few years), they were as high as 600%.

But don’t forget, these are semi-civilized times. (no fear exists right now) When that ends, and institutions start going under en mass, expect prices to go through current premiums like a knife through butter.

So, at least you would still be eating without having to sell the farm with the lower denominations. (ex. you won’t have to barter an ounce of gold to get a few groceries.)

I realize this may sound like crazy talk based on your previous experience, but that is not uncommon.

Try not to be common.

Cheers

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.