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Viewing 15 posts - 31 through 45 (of 91 total)
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  • January 10, 2008 at 8:16 AM #133465
    anxvariety
    Participant

    There’s a coin shop in Carlsbad they have what you’re looking for.

    January 10, 2008 at 9:29 AM #133573
    afx114
    Participant

    I too was wondering about gold as a currency in apocalyptic terms. No I don’t believe the apocalypse is coming, but I’m interested in an academic or sci-fi fiction type of way. How would that work? Say paper money becomes worthless, you have a handful of bullion coins, and you want to go buy some food from someone that happens to have it. Do you melt down your bullion into your own chunks or coins of gold? Is it better to have 1 Oz coins (currently going for around $900 each) or go for the smaller say 1/10th Oz coins (currently going for around $100 each). I don’t think I’d want to buy a bag of rice for 1 Oz of gold, but would it come to that?

    How would Piggingtons hedge against the apocalypse with gold? Store a handful of bullion in a safe in your closet in case all your money in the bank is wiped out? How much would be enough to last a couple months?

    I will reiterate that I am asking these from an academic standpoint. No I do not believe the apocalypse is coming anytime soon.

    January 10, 2008 at 9:29 AM #133534
    afx114
    Participant

    I too was wondering about gold as a currency in apocalyptic terms. No I don’t believe the apocalypse is coming, but I’m interested in an academic or sci-fi fiction type of way. How would that work? Say paper money becomes worthless, you have a handful of bullion coins, and you want to go buy some food from someone that happens to have it. Do you melt down your bullion into your own chunks or coins of gold? Is it better to have 1 Oz coins (currently going for around $900 each) or go for the smaller say 1/10th Oz coins (currently going for around $100 each). I don’t think I’d want to buy a bag of rice for 1 Oz of gold, but would it come to that?

    How would Piggingtons hedge against the apocalypse with gold? Store a handful of bullion in a safe in your closet in case all your money in the bank is wiped out? How much would be enough to last a couple months?

    I will reiterate that I am asking these from an academic standpoint. No I do not believe the apocalypse is coming anytime soon.

    January 10, 2008 at 9:29 AM #133480
    afx114
    Participant

    I too was wondering about gold as a currency in apocalyptic terms. No I don’t believe the apocalypse is coming, but I’m interested in an academic or sci-fi fiction type of way. How would that work? Say paper money becomes worthless, you have a handful of bullion coins, and you want to go buy some food from someone that happens to have it. Do you melt down your bullion into your own chunks or coins of gold? Is it better to have 1 Oz coins (currently going for around $900 each) or go for the smaller say 1/10th Oz coins (currently going for around $100 each). I don’t think I’d want to buy a bag of rice for 1 Oz of gold, but would it come to that?

    How would Piggingtons hedge against the apocalypse with gold? Store a handful of bullion in a safe in your closet in case all your money in the bank is wiped out? How much would be enough to last a couple months?

    I will reiterate that I am asking these from an academic standpoint. No I do not believe the apocalypse is coming anytime soon.

    January 10, 2008 at 9:29 AM #133468
    afx114
    Participant

    I too was wondering about gold as a currency in apocalyptic terms. No I don’t believe the apocalypse is coming, but I’m interested in an academic or sci-fi fiction type of way. How would that work? Say paper money becomes worthless, you have a handful of bullion coins, and you want to go buy some food from someone that happens to have it. Do you melt down your bullion into your own chunks or coins of gold? Is it better to have 1 Oz coins (currently going for around $900 each) or go for the smaller say 1/10th Oz coins (currently going for around $100 each). I don’t think I’d want to buy a bag of rice for 1 Oz of gold, but would it come to that?

    How would Piggingtons hedge against the apocalypse with gold? Store a handful of bullion in a safe in your closet in case all your money in the bank is wiped out? How much would be enough to last a couple months?

    I will reiterate that I am asking these from an academic standpoint. No I do not believe the apocalypse is coming anytime soon.

    January 10, 2008 at 9:29 AM #133280
    afx114
    Participant

    I too was wondering about gold as a currency in apocalyptic terms. No I don’t believe the apocalypse is coming, but I’m interested in an academic or sci-fi fiction type of way. How would that work? Say paper money becomes worthless, you have a handful of bullion coins, and you want to go buy some food from someone that happens to have it. Do you melt down your bullion into your own chunks or coins of gold? Is it better to have 1 Oz coins (currently going for around $900 each) or go for the smaller say 1/10th Oz coins (currently going for around $100 each). I don’t think I’d want to buy a bag of rice for 1 Oz of gold, but would it come to that?

    How would Piggingtons hedge against the apocalypse with gold? Store a handful of bullion in a safe in your closet in case all your money in the bank is wiped out? How much would be enough to last a couple months?

    I will reiterate that I am asking these from an academic standpoint. No I do not believe the apocalypse is coming anytime soon.

    January 10, 2008 at 9:59 AM #133498
    OwnerOfCalifornia
    Participant

    This being a purely academic discussion…gold would be $10,000/oz or greater, so I don’t think any fractional coins would be practical. A single 0.1 oz coin could buy too much. Silver would be a much better medium of exchange I think. The pre-1965 ‘junk’ silver quarters, dimes, and halves. As well as the bullion silver eagles, etc.

    Storage will always be an issue. Silver would take a lot of volume and guarding it would be stressful and hazardous to your health.

    January 10, 2008 at 9:59 AM #133603
    OwnerOfCalifornia
    Participant

    This being a purely academic discussion…gold would be $10,000/oz or greater, so I don’t think any fractional coins would be practical. A single 0.1 oz coin could buy too much. Silver would be a much better medium of exchange I think. The pre-1965 ‘junk’ silver quarters, dimes, and halves. As well as the bullion silver eagles, etc.

    Storage will always be an issue. Silver would take a lot of volume and guarding it would be stressful and hazardous to your health.

    January 10, 2008 at 9:59 AM #133565
    OwnerOfCalifornia
    Participant

    This being a purely academic discussion…gold would be $10,000/oz or greater, so I don’t think any fractional coins would be practical. A single 0.1 oz coin could buy too much. Silver would be a much better medium of exchange I think. The pre-1965 ‘junk’ silver quarters, dimes, and halves. As well as the bullion silver eagles, etc.

    Storage will always be an issue. Silver would take a lot of volume and guarding it would be stressful and hazardous to your health.

    January 10, 2008 at 9:59 AM #133310
    OwnerOfCalifornia
    Participant

    This being a purely academic discussion…gold would be $10,000/oz or greater, so I don’t think any fractional coins would be practical. A single 0.1 oz coin could buy too much. Silver would be a much better medium of exchange I think. The pre-1965 ‘junk’ silver quarters, dimes, and halves. As well as the bullion silver eagles, etc.

    Storage will always be an issue. Silver would take a lot of volume and guarding it would be stressful and hazardous to your health.

    January 10, 2008 at 9:59 AM #133510
    OwnerOfCalifornia
    Participant

    This being a purely academic discussion…gold would be $10,000/oz or greater, so I don’t think any fractional coins would be practical. A single 0.1 oz coin could buy too much. Silver would be a much better medium of exchange I think. The pre-1965 ‘junk’ silver quarters, dimes, and halves. As well as the bullion silver eagles, etc.

    Storage will always be an issue. Silver would take a lot of volume and guarding it would be stressful and hazardous to your health.

    January 10, 2008 at 10:04 AM #133315
    New_Renter
    Participant

    The Coin Shop in La Jolla is a great place to buy gold bullion. I recommend American Eagles or the newer Buffalo 1oz coins is the way to go. Gold Panda’s from PandaAmerica.com are also pretty cool. Someone also mentioned CNI (golddealer.com). Monex is also good (monex.com).

    January 10, 2008 at 10:04 AM #133515
    New_Renter
    Participant

    The Coin Shop in La Jolla is a great place to buy gold bullion. I recommend American Eagles or the newer Buffalo 1oz coins is the way to go. Gold Panda’s from PandaAmerica.com are also pretty cool. Someone also mentioned CNI (golddealer.com). Monex is also good (monex.com).

    January 10, 2008 at 10:04 AM #133570
    New_Renter
    Participant

    The Coin Shop in La Jolla is a great place to buy gold bullion. I recommend American Eagles or the newer Buffalo 1oz coins is the way to go. Gold Panda’s from PandaAmerica.com are also pretty cool. Someone also mentioned CNI (golddealer.com). Monex is also good (monex.com).

    January 10, 2008 at 10:04 AM #133503
    New_Renter
    Participant

    The Coin Shop in La Jolla is a great place to buy gold bullion. I recommend American Eagles or the newer Buffalo 1oz coins is the way to go. Gold Panda’s from PandaAmerica.com are also pretty cool. Someone also mentioned CNI (golddealer.com). Monex is also good (monex.com).

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