/biz/ - Business & Finance

>>57152044

If it's SHTF - water, food, and ammo
If it's Weimar - as many ozt. of Ag or Au of your choice
If it's GTFO of Dodge - 20 British Gold Sovereigns

I was farting around with ammunition deals earlier today. A box of 1000 rounds of .45 ACP runs between $450-$550 depending on bullet type. A fractional gold piece like a British gold sovereign weighs in at just under 8 grams - 7.775 g per quarter troy oz. Since the spot price of gold is $2060/ozt, that would be $515 for a 1/4 ozt. fractional gold.

tl;dr A 1/4 oz gold piece can buy you 1000 rounds of .45 JHPs. Tremendous purchasing power for tremendous stopping power exchange rate.

>>14638225

>Recognizable physical properties
>Non-reactive, doesn't easily corrode
>High density metal, 19.3 g/cm3
>Doesn't just exist in strings of 1s and 0s
>Can be divided into fractional weight units
>British SAS operatives are issued a belt with pic related in the event of bartering for goods & services in some souk in Sandniggerstan
>When American Express will not suffice, gold coins will
>The Jew knows what REAL MONEY is

>>13505308

It doesn't matter if you have eight 1 oz American Gold Eagle coins in your wallet, or have a stack of $100 bills amounting to $10,000 on your carry-on luggage when going through customs at the airport, government agencies will take an interest if a massive amount of money enters or leaves the country. On the flip-side of the coin, if you're trying to convert your BTC to USD etc, the government wants to know how you came across that money so they can extract their cut of the "protection" fee from your stash.

>>13495914

>UK gold sovereign lying among your stash

"I see you're a man of culture as well."

>>13446226

>>12399410

Fractional gold coins are a good start to stacking. If you don't have the appetite or funds for whole troy oz. of gold you can purchase by 1/10, 1/4, or 1/2 oz.

British sovereigns are never a bad deal and are more durable in 22 kt alloy. Plus they have a history of use in circulation worldwide (in the past, of course) as well as being issued to SAS operatives in war zones.

The three bullion coin programs that issue .9999 fine gold are the Canadian Maple Leaf, UK Britannia, and the Australian Gold Nugget (notice a pattern here? All parts of the former British Empire...).

The US Mint didn't have a 24 kt gold coin until they issued the American Buffalo in 2006. Their mainline bullion series is the Gold Eagle, but those coins are .916 with silver added alongside the traditional copper so it has a slightly greenish tint.

As for premiums, expect it to be added to the spot price of the day for gold, usually 3-7% depending on the weight of the coin.

If you're trying to liquidate gold, definitely stick to coins as bars have to be assayed for authenticity. Also, certain parts of the world have a preference for 24 kt gold, such as China; they don't have a high regard for American Eagles and prefer the purity of Canadian Maple Leafs.

>>1835847

You can buy fractional gold bullion coins (U.S. Eagles, Canadian Maple Leafs, South African Krugerrands, U.K. Britannias), which usually come in 1/10, 1/4, and 1/2 troy oz.

>>901289

The British SAS would beg to differ:

http://www.independent.co.uk/news/mod-makes-a-mint-from-the-sale-of-gulf-war-gold-coins-1349915.html

>Be an SAS operative
>Get sent to the shitfest that is the Middle East
>Warfare against waves of sandniggers
>Even the best of combat plans can go tits up
>Get stuck behind enemy lines with little combat support and limited supplies
>Shit, need some food & water
>Stumble upon some bumfuck village in a desert environment
>Hey, there's souk...
>Whatcha gonna do? Rob the only fucking merchant for miles around?!?
>Credit cards. What the fuck is that
>Remember that you and your comrades were kitted out with gold sovereigns in your loadout
>Nickel-sized coin should be enough for a few more days' worth of supplies
>Avoid stirring up another international crisis because you decided to go John Wayne on Kareem & Yusef Ali bin Gaba the twin merchants.

It's a marvel when a small bag of 7.98 gram gold coins can go a longer way than American Express... pic related