Forum Overview :: Gothic 2: Gold Edition
 
Jews who fled Nazi-run Germany sometimes escaped with gold in their jackets by blackwater 03/18/2022, 3:59pm PDT
Sewn into the lining of their clothing, supposedly.

You can't do that with an index fund. And paper currency is too bulky, if it even holds its value.

The dollars Russia supposedly owns have all been frozen. They can't spend it. It's just a number in a computer. The physical gold they have in vaults is still there.

So owning physical gold is not completely crazy. Although a lot of people have lost money doing so in recent years. Commodities go up, commodities go down.

And as a friend of mine used to say, "you can't eat gold." Its value is situational, like everything else.
PREVIOUS REPLY QUOTE
 
Someone explain gold to me in a crisis by Ice Cream Jonsey 03/17/2022, 11:56am PDT NEW
    They're looking for solidity in an ephemeral market. Like crypto bros & W cubes. by Mischief Maker 03/17/2022, 12:31pm PDT NEW
        Everyone has seen the Cryptoland trailer? by cringe 03/17/2022, 1:46pm PDT NEW
        btw, MM by laudablepuss 03/17/2022, 2:19pm PDT NEW
            I still haven't finished myself. I use chapter links & bookmarks w/start times. NT by Mischief Maker 03/17/2022, 2:26pm PDT NEW
                eh... not his best. by Mischief Maker 03/17/2022, 5:39pm PDT NEW
    Jews who fled Nazi-run Germany sometimes escaped with gold in their jackets by blackwater 03/18/2022, 3:59pm PDT NEW
 
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