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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (160549)	7/26/2020 6:46:46 PM
From: Maurice Winn	2 Recommendations Read Replies (7) of 217588

1600 ounces of gold = 100 lb = 50 kg. Would have to go in hold of airliner. Even 800 ounces = 25 kg = a hefty bag unsuitable for carry-on. But it could be carried inconspicuously on a shoulder for a short time. 800 ounces = $1.6 million. I suppose that's something. One could make multiple trips if one had lots to move and stash in hiding. There's something more appealing about digital movement to land and other assets. Prepping is more easily done beyond the black stump in the hinterlands of Coromandel or King Country or Southern Alps than in on the 20th floor of a Hong Kong apartment. No gold. Still. I have been amused by you moving a hefty load of gold as a favour for friend. An American in-law cousin told me of he and his numismatist father moving a truckload of heavy coins by night, packing pistols. Interstate tax escape. Moving and owning metal is manly work. I'm a sissy pixel person. Moving 0s and 1s is my thing. Electrons, photons and magnetic fields are where the action is. Quadrillions of photons in 3D mobile Cyberspace and racing at the speed of light via total internal reflection through pure silica are where the money is. A bunch of electrons endlessly, pointlessly orbiting 3 x iron nuclei jammed together into one heavy nucleus, going nowhere but weighed down by gravity is boring. * Mqurice * Note to self = buy some old train tracks and ships. Melt them and turn them into gold with some quantum probabilistic strong force spin flicks. A power station producing gold as a waste product will be fun and profitable. Digging holes in the ground to get more gold is so last century, and produces megatons of CO2 from all the oil burned to do it.

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