tuscl

They say to buy gold and silver in case the dollar collapses.........

So then what? Can you walk into a 7/11 and buy some stuff with a krugerrand? Will your silver dimes and quarters be worth their weight in silver/ How would this work?

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Avatar for ime
ime

You put it in sock, see it to knock people out and you take what you want. Simple.

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Avatar for ime
ime

*use not see, damn phone

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Avatar for Dominic77
Dominic77

Most places in 'da hood have a "we buy gold" place (aka modern pawn shop). I guess is the convenience store clerk will not accept your Krugerrand, then you know where to cash them in.

(I'm kidding because not only will you not get FMV for your gold & silver, but for small quantities (e.g., under $100 worth of gold) you get ripped off even further for service fees and charges. )

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Avatar for Papi_Chulo
Papi_Chulo

You can use it to get a new set of teeth

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Avatar for mikeya02
mikeya02

*** I never would of thought of that. You must see more gold teef than I do :)

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Avatar for sclvr5005
sclvr5005

Good to know that all of those doubloons that I've been stockpiling will come in handy!

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Avatar for likes2look
likes2look

I'm stocking up on top quality 2 ply toilet paper. It will be worth it's weight in gold when the end times come. They don't call it mountain money for nothing!

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Avatar for Dougster
Dougster

Short treasuries!

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Avatar for pensionking
pensionking

If you are serious, before buying or selling, check goldprice.org.

When I sell, I call ahead and ask what percentage of spot price they are paying. 91% - 93% of spot price is fair. Anything under 90% is a ripoff. Most jewelry stores or coin shops are the most fair.

"Cash for gold" places are to be avoided -- I went to one that offered 55% of spot price. I literally laughed in his face and told him "I'm not fencing stolen goods!" before walking out.

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Avatar for jackslash
jackslash

I've put all my money in stripper's g-strings.

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