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<p>[QUOTE="fiddlehead, post: 24868039, member: 31286"]I'm holding some bullion type coins in addition to more collectable stuff, mostly old gold. I will sell when a. all other money is worthless and it can be traded for essential goods, or b. if I need the funds for something else and have no other resources. And if I never sell, I will leave them to my children and their children, perhaps for college. I give financial/investment advice sometimes - only when asked - I usually have the same answer: diversify, save, don't spend any more money than you have to on consumer goods (including automobiles and housing) and outside of that, only buy things that have good long term potential for resale, i.e., not junk. You can never know what circumstances will be in the future.... I was curious so I asked the bank "if the power grid went down would people still be able to get into their safety deposit boxes?" Answer, "yes". Whether that would matter or not, I don't know, but good to know it would likely be possible. I have a friend who traded her last gold trinket - to bribe a guard - to get out of the Warsaw Ghetto when the trains were being loaded up for the trip to Auschwitz. Wow! Good trade, huh?[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 24868039, member: 31286"]I'm holding some bullion type coins in addition to more collectable stuff, mostly old gold. I will sell when a. all other money is worthless and it can be traded for essential goods, or b. if I need the funds for something else and have no other resources. And if I never sell, I will leave them to my children and their children, perhaps for college. I give financial/investment advice sometimes - only when asked - I usually have the same answer: diversify, save, don't spend any more money than you have to on consumer goods (including automobiles and housing) and outside of that, only buy things that have good long term potential for resale, i.e., not junk. You can never know what circumstances will be in the future.... I was curious so I asked the bank "if the power grid went down would people still be able to get into their safety deposit boxes?" Answer, "yes". Whether that would matter or not, I don't know, but good to know it would likely be possible. I have a friend who traded her last gold trinket - to bribe a guard - to get out of the Warsaw Ghetto when the trains were being loaded up for the trip to Auschwitz. Wow! Good trade, huh?[/QUOTE]
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