Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (7846)	7/27/2006 1:53:46 PM
From: orkrious	Read Replies (1) \| Respond to of 220339

here's a story I heard firsthand about someone escaping Vietnam because his father kept his life savings in gold Message 20851141

To: TobagoJack who wrote (7846)	7/27/2006 3:13:03 PM
From: 8bits	Read Replies (1) \| Respond to of 220339

TJ, "many did just met wife's friend while in France, a prince of Laos, who had used some of his gold to buy passage way in the particular instance, guns would have got him and family killed, food would have spoiled, and land was confiscated in any case" That was my point with a multi post debate with shades, in the worst case scenario gold can buy you passage. His retort was that someone could take it from you by force and you should therefore be armed instead. Possibly true, but such an action could end up leaving a dead body or two which would raise questions with various authorities and kill ones future business. I am of the firm belief that there are still more businessmen than thugs in the world. (And in the case of the Vietnamese boat people, most of the guys who owned or piloted the boat were escaping also... they used the gold as a filter for who would come and who wouldn't..)

To: TobagoJack who wrote (7846)	7/27/2006 4:04:30 PM
From: Moominoid	Read Replies (2) \| Respond to of 220339

Could diversify and do some of various strategies... I tend to favor liquid assets personally located in more than one country. Just this week my Mom received a letter for another fee to pay to some German court on our share of a house in Eastern Germany, 69 years on. We actually got the money late last year for our share of an apartment in the same town. It was a nice house once upon a time as well. But by the time I saw it in 1998 it was derelict. So I think they demolished it and we get the land value.