redbird: closeup of me drinking tea, in a friend's kitchen (Default)
Redbird ([personal profile] redbird) wrote2008-09-29 03:17 pm

(no subject)

Is joining a credit union an irrational way of handling the impulse to
hide my money under a mattress?

[identity profile] fivemack.livejournal.com 2008-09-30 11:40 am (UTC)(link)
I have irrational thoughts of buying gold from time to time, but I can't find any reasonable solutions for *selling* gold. If I have a six-ounce lump of gold, painted matt green and kept on my mantelpiece between the tantalum and the bismuth, and gold is worth £500 the ounce, I have no idea where I can take the gold and exchange it for £2900 or more.
ext_481: origami crane (Default)

gold

[identity profile] pir-anha.livejournal.com 2008-10-01 09:34 pm (UTC)(link)
*heh*. oh, nuggets are pretty easy to sell, and they tend to be worth more than bullion. jewellers, mineral dealers, and specialty gold dealers buy/sell them. of course this didn't do people any good during the great depression because possession of gold became proscribed (though i guess that wouldn't happen again because our currencies are no longer tied to the gold standard).

i was thinking coins though because they're even more liquid.