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A comment on Gold price rises above $2k for first time. Parent comment

Re:Gold price rises above $2k for first time by SilasX on Wednesday August 05, 2020 @04:49PM (#24065439)
Good points, but you're being a little too hard on the offline uses. You can't directly spend it at Starbucks, but wherever (or whenever) you are, you can go any pawn shop (and they're ubiquitous) and sell the gold for the local currency, and then use that.
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Re:Gold price rises above $2k for first time by fredfoobar on Wednesday August 05, 2020 @05:01PM (#24065556)
Have you actually done this before? did you get a fair price?

If you're thinking about doing this with jewelery: Do you know that gold jewelery mixes other metals to make it a bit more durable? and you pay fees on making it too

if you're using gold bars: How do you make sure things like this don't happen: https://www.bloomberg.com/news/articles/2020-07-15/chinese-j...

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Re:Gold price rises above $2k for first time by SilasX on Wednesday August 05, 2020 @05:06PM (#24065586)
>Have you actually done this before? did you get a fair price?

I got a quote, yes. It was a little below market, but not significantly.

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