Is the 50 gram Valcambi Gold CombiBar a good investment?
Tea CombiBar Gold bar is a bullion product manufactured by Valcambi Switzerland that is 50 gram in size, scored 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 of fitting in your wallet for easy carrying on the go or just throughout the 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 an assay test if required. In fact, they come with an authentic test card.
Each 1 gram rectangle of gold 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 an ounce of gold by 31.1035; No exactbut close enough.
the next question What can logically follow is, “Do I really need a Valcambi CombiBar Gold payment system? Will things ever get that bad?” Well, the obvious answer to that is “I hope not.”
However, two things (at least) are against us.
One is the story. Fiat currencies never last. The US dollar is a fiat currency, no longer backed by anything more than the ever wavering “full faith and credit” of the US government. Since the Federal Reserve Act of 1913, the dollar has lost 92 % of your purchasing power.
Two, are current events. Since the current financial crisis began several years ago, US government debt has skyrocketed into what are now uncharted waters. Much of this appears to have been simply to save powerful banking interests. And while the attribution to this quote seems difficult, it seems right that a democracy can only exist until the majority discovers that it can vote for itself the largesse of the public treasury.
Around the world we see collapsing economies, mass riots, and governments taking desperate measures to control their citizens with restrictions on cash transactions, the movement of funds across borders, and on the gold itself.
Quite simply, 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 $1200 one ounce Canadian gold maple leaf coin for $50, then $25 and finally he couldn’t give it away to people passing by on the street.
However, as more diners hit the news for offering 1964 menu prices for 1964 coins and gas stations sell gas for ten cents a gallon if paid for with a pre-1965 penny, people are picking up on the message.
And it could be that even if the MAJORITY don’t make it, those who have the resources you need to acquire will be the ones that DO.
Even the BitCoin phenomenon is making people aware of some of the issues. Note, too, how the government of Germany has now begun the assault on BitCoin to be soon followed by other governments, including the United States.
Fiat currencies don’t like competition at all, let alone “real money” or anything that illustrates fiat currency’s weakness.
The final result in the CombiBar Valcambi of 50 grams of gold.
Whether or not you need to separate the small 1 gram CombiBar Gold bars from the set to make payments, it’s still a perfectly good physical possession of gold. The premium is only one to two percent higher than a sovereign gold coin like a buffalo or eagle.
Consider your 50 gram CombiBar gold bars as fire insurance in your home: you hope you never need it, but if you do, after the fire starts it’s too late to buy it.