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|Posted on November 16, 2019 at 6:23 AM|
How on Earth can Bit Coin be worth more than Gold well the world as gone nuts no doubt at all about that.
I say nothing lasts forever but gold does is a historical fact for sure the Annucki were mining gold gold in South Africa thousands of years ago you cant say that about Bit Coin but it has is place in today's world but i think it has a iffy valuation and the Bit Coin bubble will bust, it looks ponzi to me.Yes i am a gold bug and i am much encouraged to see China supports gold and i am sure it enforce their currency in the long run,how the US dollar can hold its value when they us paper to support their currency and have a trillions in debt is an enigma.
I hold stocks in gold miners who have multi million once resources and i follow gold gurus Jim Ricards and Mike Mahoney.But my post is more about buying physical gold as i reflect when i went to Ghana to buy gold bars at discount.I have concluded it was a not a good idea to go their or perhaps i did not go about it in the right way.My biggest problem was couriers i could not find a courier who would deliver gold to the UK since i am advised their ia an american carrier UPS does but i do not know for sure and i found the paper work vexing.I have a friend who is the Managing Director of a shipping shipping company he started out as a shipping clerk.I now know how complicated shipping and documentation can be.
So i bought gld and opened an account with Bit Gold to buy my physical gold and i have to say it works for me.
I would not go to Ghana again to buy gold i can buy gold on line with my Bit Gold account with no shipping or storage worries.I can use a Bit Gold pre paid visa card and have a choice of fiat currencies as well i like it..
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