{"id":14429,"date":"2011-04-17T14:13:22","date_gmt":"2011-04-17T21:13:22","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=14429"},"modified":"2011-04-17T14:13:22","modified_gmt":"2011-04-17T21:13:22","slug":"when-wal-mart-has-a-gold-coin-section-in-the-jewelry-department","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14429\/when-wal-mart-has-a-gold-coin-section-in-the-jewelry-department\/","title":{"rendered":"“When Wal-Mart has a gold coin section in the jewelry department…"},"content":{"rendered":"

…then we can start talking about a possible bubble in gold.”–Gary North, on LewRockwell.com<\/a><\/p>\n

Gold is an investment asset. It therefore will not become popular short of an economic collapse \u2013 hyperinflation followed by a depression. The average person owns no gold coins, nor will he anytime soon.<\/p>\n

Where would he buy them? How could 100 million households buy a single gold coin per household? This would be impossible. There are only a few small coin stores in any community<\/strong>. They are mostly mom-and-pop outfits. The U.S. Mint could not meet the demand.<\/p>\n

When Wal-Mart has a gold coin section in the jewelry department, then we can start talking about a possible bubble in gold. Not until then.<\/p><\/blockquote>\n

If you’re looking for the best primer for owning gold click the link above and read the whole article.\u00a0 Of course, if you’re confident that the Fed will find a way to unwind QE II, and that the money center banks are all safe, and that we’re finished with bail outs, and that the Federal budget deficit is under control, you have no need to own gold as an an inflation hedge.\u00a0 If you think ANY of those shoes could still drop, buy the yellow metal until you see it offered at Sam’s Club.<\/p>\n","protected":false},"excerpt":{"rendered":"

…then we can start talking about a possible bubble in gold.”–Gary North, on LewRockwell.com Gold is an investment asset. It therefore will not become popular short of an economic collapse \u2013 hyperinflation followed by a depression. The average person owns no gold coins, nor will he anytime soon. Where would he buy them? How could […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":{"0":"post-14429","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":14472,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14472\/until-there-is-a-brokerage-counter-at-wal-mart-there-is-no-real-estate-bubble\/","url_meta":{"origin":14429,"position":0},"title":"Until there is a brokerage counter at Wal-Mart, there is no real estate bubble","author":"Brian Brady","date":"April 19, 2011","format":false,"excerpt":"Ever wonder about the relationship between gold and real estate? Jim Klein got me to thinking about a \"store of wealth\", when I postulated that there is no gold bubble: I think people can get snookered into thinking it\u2019s a great \u201cinvestment.\u201d It\u2019s protection, it\u2019s barter; it\u2019s a store of\u2026","rel":"","context":"In "Egoism in Action"","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9101,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9101\/rotarian-socialism-in-action-taking-lessons-from-the-nar-and-the-namb-wal-mart-is-using-compulsory-health-insurance-as-a-weapon-to-destroy-its-smaller-competitors\/","url_meta":{"origin":14429,"position":1},"title":"Rotarian Socialism in action: Taking lessons from the NAR and the NAMB, Wal-Mart is using compulsory health insurance as a weapon to destroy its smaller competitors","author":"Greg Swann","date":"July 2, 2009","format":false,"excerpt":"Today is July the Second, the date of the actual drafting of the Declaration of Independence. By now the United States is just another National Socialist oligarchy, a savage jungle of predatory pressure groups, each one looking to plunder the national treasury at the expense of all the others, each\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9538,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9538\/pardon-me-sir-but-have-you-seen-the-special-on-grey-poupon-at-wal-mart\/","url_meta":{"origin":14429,"position":2},"title":"“Pardon me sir, but have you seen the special on Grey Poupon at Wal Mart?”","author":"John Rowles","date":"August 17, 2009","format":false,"excerpt":"UPDATE: Buy the T-Shirt at Cafe Press! Yep, that's a Rolls Royce Phantom (2008 MSRP $340,000) in the parking lot of the Newport RI Wal Mart captured with my phone on Saturday. The headline is my best shot at a caption (YouTube has the old Grey Poupon commercial). What's yours?","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"rolls_royce_phantom_wal_mar","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2009\/08\/rolls_royce_phantom_wal_mar.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1962,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1962\/is-greenspan-to-blame-for-the-housing-crisis-and-if-he-is-is-this-entirely-a-bad-thing\/","url_meta":{"origin":14429,"position":3},"title":"Is Greenspan to Blame for the Housing Crisis? And, if he is, is this entirely a bad thing?","author":"Greg Swann","date":"September 23, 2007","format":false,"excerpt":"The second half of a US News dyscomium on Alan Greenspan's Fed:The global spread of capitalism has increased inflation-dampening competition throughout the world and allowed investors to accept lower yields when investing in bonds. What's more, globalization has boosted incomes, in Asia and beyond. That has expanded the pool of\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14041,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14041\/virginia-legislature-wants-the-commonwealth-to-be-the-golden-state-california-accedes\/","url_meta":{"origin":14429,"position":4},"title":"Virginia Legislature Wants The Commonwealth To Be The Golden State. California Accedes.","author":"Brian Brady","date":"February 1, 2011","format":false,"excerpt":"Worried about a dollar collapse?\u00a0\u00a0 Virginians may worry less because their legislature\u00a0 is proactively investigating solutions: WHEREAS, various systems of alternative currency employing gold or silver, or both, in the form of coin or its equivalent in bullion have already proved themselves in the free market, and could either be\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14755,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14755\/god-bless-america\/","url_meta":{"origin":14429,"position":5},"title":"God Bless America","author":"Tom Johnson","date":"July 4, 2011","format":false,"excerpt":"A few years ago I sold a very small condo to an Albanian family who came here having won the immigration visa lottery. They showed up in Texas with suitcases and two daughters. Both the father and the mother worked to provide for the family. The mother worked in the\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2011\/07\/flag1-1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=14429"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14429\/revisions"}],"predecessor-version":[{"id":14465,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14429\/revisions\/14465"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=14429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=14429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=14429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}