Gentlemen, somehow I find this to be very though provoking.
In stores, where you can buy physical gold, you can now buy these.
These are basically 50g gold tablets where you can break off single gram units like you would from a chocolate bar.
& months ago not one shop in Vienna had them.
Now they all do. [/quote]
What’s the going price? It may just be a profiteering tactic and not really significant in any other way.
Well the price is a bit higher than if you would buy 50g outright, but not outrageously so and significantly cheaper than it would be if you stacked smaller sizes.
What I find interesting is that this thing is specifically designed to be prepared for and be used for black market purposes.
On the one hand, makes me damn proud of my people, I see the lessons of two wars have not been forgotten, on the other hand if quiet docile Austrians actually start to prepare in a quiet, completely anonymous way that is more interesting to me than any interest rate, say, Spain is supposed to pay.
I have looked into US gold stores now and they do not seem to have those, then again you have no collective memory of how to run a whole economy on cigarettes and clipped gold chains. [/quote]
43 Euros a block is quite a manageable size. But I still don’t see it being feasible until there is a total societal collapse, like you say as in the two WW…but hey, no one expects the Spanish Inquisition lol.[/quote]
The point is, there must be quite a few people who do not only think it possible, they are preparing for it.
The market already creates products for it.
Easily, anonymously acquired substitute money.