Sister Currency

Discussion in 'Currencies' started by hiho, Dec 4, 2012.

  1. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

    Joined:
    Feb 25, 2010
    Messages:
    5,150
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Hunter Valley, NSW
    I just wish they would bring back bullion sovereigns and half sovereigns at reasonable prices. It worked in the past.
     
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,517
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia

    I don't know, other than me agreeing to it, it doesn't seem to be anything that he hasn't expressed before?

    He isn't supporting the status quo, just pointing out that the government is happy with the current state of affairs and it would not be in their interest to give the public an option.
     
  3. Auspm

    Auspm New Member

    Joined:
    Oct 30, 2012
    Messages:
    636
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    Yep. ^^
     
  4. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    2,620
    Likes Received:
    505
    Trophy Points:
    113
    Location:
    Nevada
    A fellow Game of Kings reader/watcher?
     
  5. Byron

    Byron Guest

    Although bad for our dealers here, what if banks also bought and sold gold at the prevailing market value - to keep it simple buy/sell only PM coins.

    Some european banks do that i believe.
     
  6. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    Easy peasy. Essentially just denominate everything in Intrinsic value but using redeemable banknotes for day to day transactions. Need free banking at the same time.
     
  7. mmm....shiney!

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

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,442
    Trophy Points:
    113
    Absorbed totally now, thanks to rbaggio and fishguts and others. ;)
     
  8. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,517
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    Greek Banks buy gold sovereigns, or at least they used to, not sure I would be selling to them now anyway
     

Share This Page