John Adams at the Sydney Silver Stackeratti Soiree, Sunday, 30 May, 2021, 2 - 4 pm.

Discussion in 'Meetings & Events' started by sammysilver, May 12, 2021.

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  1. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    It was a good event, it didnt really relate to my strategy but reinforced my focus

    I own 0 ounces of Unallocated and synthetic silver, after attending the event it made me realise that the buried treasure box can still fit an ounce or 2 so time to get it filled

    Happy stacking guys
     
    Boyscout, May 31, 2021
    #21
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  2. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    BUY! BUY! BUY !!!
     
    bubblebobble2, May 31, 2021
    #22
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  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    That fired off a stream comments about pensions lol. People accusing others of being callous, arguing about taxes, advocating increasing taxes on the rich ...

    I had to scroll down a fair way before "Mookie Zerang" nailed it.

    Screen Shot 2021-05-31 at 5.53.34 pm.png
     
    mmm....shiney!, May 31, 2021
    #23
  4. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    Actually Mookie Zerang is deluded.

    If the Australian Dollar is backed by the Australian economy, then the little Aussie Bleeder is well and truly stuffed.
    We are in the same boat as every other Fiat currency.
    We are backed by Debt, in which case a debt is an "IOU".

    The debt is exactly that, an obligation to pay.

    Any nation that thinks it will grow its way out of debt is dreaming.

    Cheers Markcoinoz
     
    markcoinoz, Jun 11, 2021
    #24
  5. Markco2

    Markco2 Well-Known Member Silver Stacker

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    Hey Markcoinoz,

    I agree, even though I am you and you are me.
    We even have the same dog, Luka.
    I thought you had gone missing.

    Welcome back.

    Cheers Markco2
     
    Markco2, Jun 11, 2021
    #25
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  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I'd suggest you two get a room, but based on the circumstances, I expect that you'll make a fist of it!
     
    sammysilver, Jun 11, 2021
    #26
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  7. Markco2

    Markco2 Well-Known Member Silver Stacker

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    Ha! Ha!!

    They say that being born a Gemini has 2 personalities.
    Must be my schizophrenic traits coming home to roost.

    Cheers Markco2
     
    Markco2, Jun 11, 2021
    #27
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  8. alor

    alor Well-Known Member Silver Stacker

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    no wonder the USD debt usage is through the roofs
     
    alor, Jun 11, 2021
    #28
  9. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    poor Sammy being left out on this....you guys need to invite him as ‘referee’ ;)
     
    bubblebobble2, Jun 11, 2021
    #29
  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    It doesn’t have to grow its way out of debt because just like the Lannisters, the government always pays its debts. But unlike the Lannisters, the government can just print its gold.
     
    mmm....shiney!, Jun 11, 2021
    #30
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Strong fiat currencies are backed by the reputation of a nation’s economy and by the socio/political system of the nation.

    That’s why no one in El Salvador wants the colon and everyone wants the USD.
     
    mmm....shiney!, Jun 11, 2021
    #31
  12. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    You mean El Salvador wants to map its own path and bypass fiat which destroys purchasing power in favour of BTC.
    USD maybe the vehicle. However, BTC is the engine which protects purchasing power.

    Sounds good to me.
     
    markcoinoz, Jun 11, 2021
    #32
  13. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    No. It can’t map its own path as long as there is a centralised government choosing BTC or any other non-government issued legal tender in favour of its own currency sovereignty.
     
    Last edited: Jun 11, 2021
    mmm....shiney!, Jun 11, 2021
    #33
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