Buy a tiny bit of gold FIRST

[Concerned American]

If you hand any bank a 100 dollar bill, they will return the full amount to you in change as you wish. If you hand them gold, do you truly think they will accept it at all?

Banks are good for convenience. Nothing more.

 

[Robert W]

Banks are good for convenience. Nothing more.

A no in my book.

 

[Picaro]

If you hand any bank a 100 dollar bill, they will return the full amount to you in change as you wish. If you hand them gold, do you truly think they will accept it at all?

Actually my banker loans me cash using mine as collateral all the time. I can sell at least 3 kilos any number of places or to individuals around here within 30 minutes. If I knew no one at all, and no gold dealers around, I could just find an Indian, Chinese, or Korean store owner or motel owner and get offers.