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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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To: Haim R. Branisteanu who wrote (42062)11/1/2008 2:42:48 PM
From: arun gera1 Recommendation  Read Replies (1) of 217901
 
>as every other non-perishable commodity which we need for our economies is, or can be a store of value>

Sure. You can store $65,000 in a 30,000 gallons gas tank in my backyard. Then you can barter it for real goods when needed. But then you will lose 1-2 percent a month due to escaping vapors. Another few percent in following environmental regs. etc.

Instead you can get 80 ounces of gold coins and easily store them in a suitcase.

-Arun
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