I will not be getting my new car from teh sale yard by offering 20 oz of gold in coins! I can almost gaurentee they will look at me sideways!
Not while the banks are open and inflation is under control, you won't. I do see how small denomination PM coins would be useful if we ever had a "bank holiday" which is being rumoured in the US and in times of hyper-inflation your car dealer may even give discount for gold so his capital doesn't shrink while awaiting his next shipment of vehicles.
- Forums
- ASX - By Stock
- GOLD
- gold testing 1000 again
gold testing 1000 again, page-16
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)