If fleeing a country, what items would have good resale value?
If fleeing a country, what items would have good resale value?
What kind of things could a person carry to sell and how if they ever had to forcibly leave?
I read diamonds are worthless second hand.
Solid gold seems legit but not sure if coins or jeweler is best.
I saw something about getting gold chains to trade individual links in a emergency.
Are there any other good tips?
You're viewing a single thread.
Currency. Paper money that has high acceptance internationally, like US Dollars or Euros, both can be easily traded by local currency pretty much anywhere in the world.
Idk how long the US dollar will have high acceptance internationally. I mean it may not change much or it may change a lot, depending on what happens the next few years.
My buddy grandpa left murica to go to his home country but traded all his dollars to local currency. When he got off the boat local currently collapsed hard. Huge fear of mine.
Ah fuck that's scary
Yeah the BRICS will make the dollar obsolete.
/s (if that wasn't super obvious)
Honestly I didn't get the joke because i didn't know anything about BRICS until just now 😅
Russia is trying to make business with poorer countries to prop up the falling ruble, etc. I don't think the dollar or the euro has anything to be afraid of in the near future.
Seconding this. The best money is still money.
If you can't get a good stable currency or you have legitimate fears that the currency you can get is in danger of some kind of collapse, gold or silver coins would be your best second bet. In this case you'll want well known coins minted by an actual government such as an American gold eagle or the Canadian silver maple leaf rather than the coin shaped "rounds" that a lot of places sell. The rounds will have the same issue as jewelry, you'll have to haggle over weight and quality every time you sell one. Actual coins issued by a government mint will have pretty well established values so they will be easier to sell at a fair price.
Lol, not US Dollars. Not after November 5th, 2024.
Just go Euro