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<p>[QUOTE="chascat, post: 2423227, member: 76792"]King George,</p><p>These notions that bullion will do you well in a hyperinflation panic may be false. For one thing, merchants do not accept gold or silver in exchange for goods and services. One will always have to convert their tangible assets into paper assets or into currency in order to make the transaction. If anyone ever found out merchants used barter as payment, both the seller and buyer would be in serious danger of being either plundered or killed. If you fill your pockets with bullion right now and go out and try to use them for barter, no one will dare to deal with you, after all, we are and have been in a mild hyper state for many decades. Weather it,s art, jewelry, bullion, foreign currency, drugs, or whatever, you will always have to convert (for a fee) into currency.[/QUOTE]</p><p><br /></p>
[QUOTE="chascat, post: 2423227, member: 76792"]King George, These notions that bullion will do you well in a hyperinflation panic may be false. For one thing, merchants do not accept gold or silver in exchange for goods and services. One will always have to convert their tangible assets into paper assets or into currency in order to make the transaction. If anyone ever found out merchants used barter as payment, both the seller and buyer would be in serious danger of being either plundered or killed. If you fill your pockets with bullion right now and go out and try to use them for barter, no one will dare to deal with you, after all, we are and have been in a mild hyper state for many decades. Weather it,s art, jewelry, bullion, foreign currency, drugs, or whatever, you will always have to convert (for a fee) into currency.[/QUOTE]
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