Title: Costco SELLS OUT Of Gold Bars, People Are Preparing For ECONOMIC COLLAPSE Source:
TimCast IRL URL Source:https://www.youtube.com/watch?v=XfiH7JqSSn4 Published:Sep 29, 2023 Author:Tim Pool Post Date:2023-09-29 15:02:24 by Esso Keywords:None Views:2708 Comments:41
Poster Comment:
I'm not sure that PMs are the thing to be buying right now. They've been stuck in a narrow range forever and haven't tracked inflation at all. Gold should be over $4,000 now. After Bidet did that thing with Venmo (or whatever it was) making any transaction reportable to the IRS above $600, there's no reason to believe that he wouldn't do that with PMs.
If the shit hits the fan, I doubt my local coin dealer Solly would be around in a civil war type scenario. Shipping PMs is a hassle and expensive as hell to insure it.
IMHO, silver would be a better bet now. At $22/oz, it has some utilitarian value for trade and IMO has more upside potential to hold. How often do you buy something for $1,800 per whack? My mechanic, Chip, notwithstanding.
FWIW, Costco's prices were about the same as Apmex when I checked yesterday. It wasn't a deal.
I'm not sure what people are thinking. That playing games with the cashback on a credit card is some real cheesedick loser shit. I'd be more worried about food and water and how the hell I'm gonna flush my toilets if I was Mr. Average Citizen.
How often do you buy something for $1,800 per whack?
Roofers
3oz a couple years ago, but they wanted cash.
house painters
Aluminum and steel siding, not in my lifetime.
autos mechanics
2oz+ some cash to Chip when red truck threw its water pump and Sling Blade blew the head gaskets getting out of the ghetto. 4.3l V6 1993 Sonoma.
medical and dental clinics
MDs won't see me after the lawsuit and I don't have teeth. The only way I can get medical care if I arrive at the ER in an ambulance, which I also have insurance for.
and soon to be -- groceries!
We'll be in a civil war at that point.
You'd be surprised how much that TRAA ambulance insurance has saved me since 2013. O'boingoCare, not so much.