Sister Currency

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

  1. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    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

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    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

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    Yep. ^^
     
  4. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    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

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    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

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    Absorbed totally now, thanks to rbaggio and fishguts and others. ;)
     
  8. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Greek Banks buy gold sovereigns, or at least they used to, not sure I would be selling to them now anyway
     

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