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A comment on Why Deutsche Bundesbank had to promise to leave 1200 tons of gold in New York. Parent comment

Re:Why Deutsche Bundesbank had to promise to leave 1200 tons... by ComradeTaco on Sunday April 30, 2017 @03:40PM (#14233431)
In a country scale crisis people would be selling all their valuables for fire sale prices to pay for essentials, including gold. A fiat reserve currency, like the Swiss Franc or the Pound would be easier to use, less likely to be stolen and more valuable then gold shavings.
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Re:Why Deutsche Bundesbank had to promise to leave 1200 tons... by wintersFright on Sunday April 30, 2017 @04:15PM (#14233587)
Gold isn't going to save you from a zombie apocalypse, nor can you eat it. It will however transport your wealth from one side of a currency crisis to the other while retaining value - as opposed to plastic notes with arbitrary numbers of zeros printed on them.
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