Will the coming Cashless society render Gold worthless?

Discussion in 'General Precious Metals Discussion' started by OneDay, Apr 10, 2020.

  1. OneDay

    OneDay Active Member Silver Stacker

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    Since we are heading from this old system and society into some thing entirely different.

    The amount of control that is going to exist and already exists will quiet possibly render PM's worthless.

    What good is gold if cashing it into a digital currency is either banned or has a low pined exchange rate where any one holding these shiny metals is viewed with extreme suspicion?
     
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  2. Ag bullet

    Ag bullet Well-Known Member

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    good question.
     
  3. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    There doesnt need to be a legal market to make it valuable.
    They can outlaw whatever they want.
     
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  4. Lucky

    Lucky Well-Known Member Silver Stacker

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    I’ve been thinking the same thing but knowing that Gold became a Tier 1 asset in 2019 and central banks started stocking up gives me hope that it will have a big part to play in the future.
     
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  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Throughout history everything is always valued against gold and gold always ends up doing an accounting for any fake currencies.
    Theres no way to avoid it. The only difference this time is people will suffer more than they should have so the retards can thank their hero Trumpty for continuing it.
    If they would have let the system crash in 08 we would already have recovered.
    The pollies hate using gold money because they cant print it and make endless promises.
    If they cant toss around trillions and play the hero they arent interested, and they couldn't do that with gold. They also couldn't hire 23 million employees and they wouldnt be Americas biggest employer if we used gold.

    Even though our constitution says only gold and silver should be used to pay debts, they still cant accept that fact. It's for this very reason the constitution says that. The men that wrote it already knew about central banks and they existed even back then so they made sure to include gold and silver for money.

    The fathers of America knew that we would end up here if we went to central bankers worthless fiat.

    The founding fathers also said that if the American government ever did what they are doing to the constitution and to the people, that we are to kill them or at least throw them out and start over. Period.
    Every one of the traitors.
    Theres some maga for ya.

    At this point every American wants to cry and point the finger but they need to look in the mirror and think about growing a sack.
    My small minded countrymen might soon wake up to a horrific truth and a reality they dont much like.
    I tend to refer to it as getting kicked in the sack.
     
    Last edited: Apr 11, 2020
  6. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    No, because most central banks and nations have been hoarding it for many years.
     
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