This is a common story, the truth of which is rarely spoken or written. In times of economic collapse, great stress on the system, or war, Gold will give you a chance of survival.
I studied economics under Professor Antal E. Fekete. He had escaped from Hungary during the 1956 uprising against the Soviets. How did he get out? By using small amounts of Gold to bribe the border guards. Ditto for Rudy F., a fellow student whose family escaped at the same time via the same method. At such times, only Gold is acceptable.
As Alan Greenspan, the Fed chairman said when addressing the US Congress in 1999: “Gold still represents the ultimate form of payment in the world. Fiat money, in extremis, is accepted by nobody. Gold is always accepted.”
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