Silver Money? A realistic perspective.

Discussion in 'Silver' started by JulieW, Sep 12, 2018.

  1. JOHNLGALT

    JOHNLGALT Well-Known Member

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    "With US looking near the top I’ve started to convert back to Aussie pesos, just biding my time for some distressed sales to come along"

    What is wrong with putting it into 'REAL MONEY' Gold? _JLG.
     
  2. willrocks

    willrocks Well-Known Member Silver Stacker

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    Gold and silver will never become a currency again.
     
  3. JOHNLGALT

    JOHNLGALT Well-Known Member

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    "Gold and silver will never become a currency again."

    Because they are 'MONEY'.
    Some people just don't understand the difference between 'CURRENCY' & 'MONEY'. _JLG
     
    SilAuOz likes this.
  4. whay

    whay Well-Known Member

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    Fistbump.jpg
    The most sensible/realistic view.

    Be careful of shills, pumpers and G&S dealers predicting doom and gloom, but are always super eager to take your soon to be worthless fiat paper in exchange for their shining lumps of precious metals.
     
  5. alor

    alor Well-Known Member Silver Stacker

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  6. JOHNLGALT

    JOHNLGALT Well-Known Member

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    "Be careful of shills, pumpers and G&S dealers predicting doom and gloom, but are always super eager to take your soon to be worthless fiat paper in exchange for their shining lumps of precious metals."

    I can handle that LOLOL please keep taking mine, every extra $ I get gets converted into 'REAL MONEY' _JOHNLGALT.
    BUY & HOLD.JPG
     
  7. willrocks

    willrocks Well-Known Member Silver Stacker

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    Let’s be real. Even in a mad max end of society event, people aren’t suddenly going to use gold or silver. They’ll use violence and food.
     
    mmm....shiney! likes this.
  8. Nancy Willian

    Nancy Willian New Member

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    It looks like cryptocurrency will soon disrupt the precious metal segment :/

    Heck, there's even the Binance banner ad at the top of every page.
     
  9. mmm....shiney!

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

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    And sex. So Ive been running a lot lately to get into shape. I want to be able to get away from anyone that tries to rape me.
     
    clear and leo25 like this.
  10. willrocks

    willrocks Well-Known Member Silver Stacker

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    Have you considered that the running may be making you more appealing.
     
    paruwka, clear and mmm....shiney! like this.
  11. SlyGuy

    SlyGuy Active Member

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    Crypto is one of the few things Peter Schiff is right about:
    It has no real role, supply is ambiguous and basically unlimited, and it will eventually go to zero. Until people started "investing" in BTC hoping to cash in on the greater fool theory, it was basically only used for black market transacting.

    Credit cards?
    Yes... people get things they would have needed cash to get. Companies get interest.
    PayPal?
    Yes... people see cash they can spend. The company gets a percentage.
    Crypto?
    No, they are filling a niche that doesn't exist and it isn't based on anything that people equate to any real value or widespread utility. Even assuming those problems could all be remedied, BitCoin is also (trying to) compete with monetary systems intimately tied to govts with control of legions of guns, legislation control, and social control. Think about who is likely to win that power struggle.
     

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