Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
Hobbies & Interests
Preppers' Corner
Precious Metal stacking
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="OHJEEZE" data-source="post: 4190994" data-attributes="member: 47878"><p>I used to joke around telling friends and family "I know there is a twenty dollar gold piece on my land some old farmer lost back in the day, I just need find it!"</p><p></p><p>When I find it, I could not sell it, the value of the find would be worth more than the monetary value.</p><p></p><p></p><p>There was a time I considered buying some, I think the Valcambi Combibars are neat.</p><p></p><p>But really I do not see much value in having lots of (my) cash tied up in gold.</p><p></p><p>I do not like the idea of having to pay a premium to buy it or sell it. Or that places wanting to know my personal info to buy it.</p><p></p><p>When bitcoin first came out I liked the idea of a currency that thumbed its nose at governments. But its market price swings and crazy means of aquiring / disposing of it turned me off.</p><p></p><p>I want to see a currency that can be; 1) Private, 2) Bought / spent as easily as cash (must be accepted everywhere without a premium), and 3) Value remained consistent! </p><p></p><p>If you could exchange cash / checks for metals at the local bank / local store without premiums that would be dandy.</p><p></p><p>It would not hurt my feelings any to see the monatary system back on a gold standard, but not sure that it is possible with the worlds wealth and the amount of metals in existance.</p><p></p><p>In the end of the day I think currency should be tied to something physical.</p><p></p><p>In the end of the day one pound of organic carrots is still a pound of carrots, one pound of milled pine lumber is still one pound of milled pine lumber.</p><p></p><p>I guess my utopia would be that that dollar your grand parent gave you for your fifth birthday would buy the same item on your one hundredth birthday.</p><p></p><p>Also while on the subject of money that the borrower always be slave to the lender (saver).</p><p>By that I mean interest rates for the depositor should always be higher than inflation (if we have to have inflation), none of this bs .01% interest!</p></blockquote><p></p>
[QUOTE="OHJEEZE, post: 4190994, member: 47878"] I used to joke around telling friends and family "I know there is a twenty dollar gold piece on my land some old farmer lost back in the day, I just need find it!" When I find it, I could not sell it, the value of the find would be worth more than the monetary value. There was a time I considered buying some, I think the Valcambi Combibars are neat. But really I do not see much value in having lots of (my) cash tied up in gold. I do not like the idea of having to pay a premium to buy it or sell it. Or that places wanting to know my personal info to buy it. When bitcoin first came out I liked the idea of a currency that thumbed its nose at governments. But its market price swings and crazy means of aquiring / disposing of it turned me off. I want to see a currency that can be; 1) Private, 2) Bought / spent as easily as cash (must be accepted everywhere without a premium), and 3) Value remained consistent! If you could exchange cash / checks for metals at the local bank / local store without premiums that would be dandy. It would not hurt my feelings any to see the monatary system back on a gold standard, but not sure that it is possible with the worlds wealth and the amount of metals in existance. In the end of the day I think currency should be tied to something physical. In the end of the day one pound of organic carrots is still a pound of carrots, one pound of milled pine lumber is still one pound of milled pine lumber. I guess my utopia would be that that dollar your grand parent gave you for your fifth birthday would buy the same item on your one hundredth birthday. Also while on the subject of money that the borrower always be slave to the lender (saver). By that I mean interest rates for the depositor should always be higher than inflation (if we have to have inflation), none of this bs .01% interest! [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
Hobbies & Interests
Preppers' Corner
Precious Metal stacking
Search titles only
By:
Top
Bottom