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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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Quote:
Originally Posted by dd74
Gold = failsafe when our currency tanks (which it is doing). It's the most recognizable currency worldwide.
I knew a guy from Vietnam whose family came over on a refugee boat. His dad was a doctor, and paid for everything in gold, including their house in Rosemead, CA. In fact, the dad arrived and promptly retired. Gold allowed that.
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Friend of mine is a dentist overseas. When he removes a crown or inlay he asks the patient if they want the old one or not. Most do not.
Every few months or so he takes the bucket he puts them in home and stash's it in the basement. Yes its dental gold, which is usually 10k or so but last time we talked he had over 50 kilos of the stuff sitting there.
Believe he is set in case something difficult happens...
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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