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Author Topic: The Case for KB Gold aka Karatbars  (Read 7402 times)
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« Reply #75 on: January 21, 2011, 04:01:56 PM »



Gold is the money of Kings and Queens; silver is the money of gentlemen;
Barter is the money of peasants; but debt is the money of slaves. ~ Norm Franz
So let us all be Kings and Queens, or Gentlemen...and Gentlewomen...
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« Reply #76 on: January 26, 2011, 06:54:55 AM »

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« Reply #77 on: January 30, 2011, 01:05:35 PM »

One of the latests tweet from geocapitalist Jim Rickards



‎"I guess middle-class #Eqyptians w/ 20 or so #gold coins stashed away feel slightly better than those lined up at soon-to-be shut-down ATM's." - Jim Rickards

So true Jim, ...so very true!
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« Reply #78 on: January 31, 2011, 08:38:26 AM »

One of the latests tweet from geocapitalist Jim Rickards



‎"I guess middle-class #Eqyptians w/ 20 or so #gold coins stashed away feel slightly better than those lined up at soon-to-be shut-down ATM's." - Jim Rickards

So true Jim, ...so very true!

Like Egyptians on the street will turn down cash.    Roll Eyes
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« Reply #79 on: May 14, 2013, 03:24:44 AM »

Like Egyptians on the street will turn down cash.    Roll Eyes

The point was Egyptians on the street didn't have access to cash because authorities shut down the ATMs
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« Reply #80 on: May 16, 2013, 06:21:34 AM »



Excerpts from GoldMoney's Ultimate Gold Buying Guide:

Gold bars can vary in size from tiny 1-gram ingots (sometimes called “wafers”) all the way up to the “London Good Delivery” 400oz bricks held in central bank vaults around the world. Though Good Delivery bars are described as weighing 400oz, they are permitted to vary in gold content weight between 350 oz and 430 oz —but they must have a purity of at least 99.5%.

Perhaps the biggest drawback of owning gold in the form of coins and bars is the lack of liquidity when compared with third-party storage on an internet platform. If you ever need to sell your gold in order to raise cash for whatever reason, it’s more time consuming to do this by selling to an actual high street dealer than it is if you have a web-based ownership platform.

In addition, there may come a time when online gold payments for goods and services become common place, in which case choosing to buy gold online could be the wiser choice.


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