Is the 50 gram gold Valcambi CombiBar a smart investment?
Tea CombiBar Gold bar is a bullion product manufactured by Valcambi Suisse that is 50 grams in size, classified into fifty – 1 gram rectangles that can be easily broken and used for an emergency payment system in difficult times.
Gold CombiBars are minted in a similar size to a credit card for the express purpose that they will fit in your wallet and can be easily carried with you on the go or simply throughout your day.
The first question What might come to your mind is, “Is CombiBar a scam?” I can assure you that it is not. This gold bullion product is offered by reputable precious metal dealers, minted by a reputable company, and will pass a trial test if required. In fact, they come with an authentic test card.
Each 1 gram gold rectangle in the Valcambi CombiBar is inscribed with its content and fineness, which is .9999 fine gold. To determine the current value of a 1 gram piece of a 50 gram gold CombiBar, simply divide the price of one ounce of gold by 31.1035; no exactly, but close enough.
The next question what you can logically follow is: “Do I really need a Valcambi CombiBar Gold payment system? Will things really get that bad?” Well, the obvious answer to that is “I sure hope not.”
However, there are two things (at least) against us.
One, it’s history. Fiat currencies never last. The US dollar is a fiat currency, no longer backed by anything but an ever wavering “full faith and credit” of the US government. Since the Federal Reserve Act of 1913, the dollar has lost 92% of its purchasing power.
Two, it is current events. Since the current financial crisis began several years ago, US government debt has soared into what are now uncharted waters. Much of this appears to have been simply to save powerful bank interests. And while attribution to this quote seems difficult, it seems correct that a democracy can only exist until the majority discover that they can vote generously from the public treasury.
All over the world we see collapsing economies, massive unrest, and governments taking desperate measures to control their citizens with restrictions on cash transactions, the movement of funds across borders, and on gold itself.
Simply put, if you don’t have Gold before you need it, you may not be able to get it.
Do enough people understand real money like gold and silver?
This is a good question. Mark Dines a few years ago couldn’t sell a $ 1,200 Canadian Gold Maple Leaf coin an ounce for $ 50, then $ 25, and he finally couldn’t give it away to people passing by.
However, as more diners make the news for offering 1964 menu prices for 1964 coins and gas stations sell gasoline for ten cents a gallon if paid with a pre-1965 penny, people are getting the hang of it. message.
And it could be that even though the MOST don’t get it, those who have the resources you need to acquire will be the ones who DO get it.
Even the BitCoin phenomenon is raising awareness about some of the issues. Note, too, how the government of Germany has now started the assault on BitCoin to be followed soon by other governments, including that of the United States.
Fiat currencies do not like competition at all, much less “real money” or something that illustrates the weakness of fiat currency.
The bottom line on the 50 gram gold Valcambi CombiBar.
Whether or not you need to break the little 1 gram CombiBar Gold bars out of the set to make payments, the physical property of Gold is still perfectly good. The premium is only one to two percent higher than a sovereign gold coin such as a buffalo or an eagle.
Think of your 50 gram CombiBar gold bars as fire insurance for your home – you hope you never need it, but if you do need it, after the fire starts, it’s too late to buy it.