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snowybirdie

(6,435 posts)
5. A dumb question
Sun Aug 3, 2025, 02:43 PM
Aug 2025

I know gold is a safe investment held by many. But what happens in a very dire emergency when all the gold buyers can't operate or purchase a person's gold? Seems to me a glitch in its investment value.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Excellent question. RandomNumbers Aug 2025 #1
I feel your pain Old Crank Aug 2025 #4
T-bills. Short-term and ladder. mahatmakanejeeves Aug 2025 #2
I have done some stuff Old Crank Aug 2025 #7
Do you find bonds offering stablity? Happy Hoosier Aug 13 #14
Yes retired. Old Crank Aug 13 #15
Bask Bank customerserviceguy Aug 2025 #3
A dumb question snowybirdie Aug 2025 #5
Not sure. Old Crank Aug 2025 #8
That's a good question b/c US Treasuries are a part of most bond funds. bucolic_frolic Aug 2025 #6
US treasuries considered safest in the world somsai Aug 2025 #9
The difference is when you retire Old Crank Aug 2025 #10
Technically I am retired, I get full SS somsai Aug 4 #11
2/3rds of my money is in mutual funds bif Aug 5 #12
"Mutual funds" encompasses money market mutual funds, bond mutual funds, T-bill mutual funds progree Aug 5 #13
Despite global optimism over lower US interest rates bucolic_frolic Aug 23 #16
Latest Discussions»Culture Forums»Personal Finance and Investing»Any ideas out there for s...»Reply #5