The CombiBar Gold bar is a bullion product manufactured by Valcambi Suisse that is 50 grams in size, scored into fifty – 1 gram rectangles that can be easily broken off and used for an emergency payment system in troubled times.
The Gold CombiBars are minted to a size that is similar to a credit card for the express purpose of fitting into your wallet and being easily carried with you as you travel or simply go about your day.
The first question that might come to your mind is, “is the CombiBar a scam?”. I can assure you that it is not. This Gold bullion product is offered by a reputable precious metals dealers, minted by a reputable firm and will pass an assay test in needed. In fact, they come with an authentic assay 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 from a 50 gram Gold CombiBar, simply divide the price of one ounce of Gold by 31.1035; not exact, but close enough.
The next question that may logically follow is, “do I really need a Valcambi CombiBar Gold payment system; will things ever really get that bad?”. Well, the obvious answer to that is “I sure hope not”.
Two things, though (at least), are against us.
One, is history. Fiat currencies never last. The U.S. Dollar is a fiat currency, no longer backed by anything other than an ever faltering “full faith and credit” of the U.S. Government. Since the Federal Reserve Act of 1913 the dollar has lost 92% of its purchasing power.
Two, is current events. Since the current financial crisis began several years ago, U.S. Government debt has exploded into what is now uncharted waters. Much of this seems to have simply been to save powerful banking interests. And while attribution to this quote seems difficult, it appears correct that a democracy can only exist until the majority discovers it can vote itself largess from the public treasury.
Around the world we see economies crumbling, massive rioting and governments taking desperate steps to control their citizenry with restrictions on cash transactions, the movement of funds across borders and on Gold itself.
Quite simply, if you do not 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 could not give it away to people passing by on the street.
Yet as more diners hit the news for offering 1964 menu prices for 1964 coinage and gas stations sell gas for ten cents per gallon if paid for with a pre 1965 dime, people are getting the message.
And it could be that even though MOST do not get it, those who have the resources you need to acquire will be the ones who DO get it.
Even the phenomenon of BitCoin 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 do not like competition at all, let alone from “real money” or something that illustrates fiat currency weakness.
The Bottom Line On The Valcambi 50 Gram Gold CombiBar.
Whether or not you ever need to break off the small CombiBar Gold 1 gram bars from the whole to make payments, it is still perfectly good physical Gold ownership. The premium is only a percent or two higher than a sovereign Gold coin like a Buffalo or Eagle.
Consider your CombiBar 50 gram Gold bars like fire insurance on your home: you hope you never need it, but if you do need it, after the fire starts it is too late to acquire it.
Source by Roger Bond