Has anyone tried paying for goods with silver?

A

Argent47

Member
Has anyone here tried paying for something (over the counter goods) with some silver or gold? ;)

Do you think we are nearing the day where some businesses would accept silver or gold as payment (as well as the Australian dollar)?
 
When a day that your money (currency note) become just to warm up your house in the winter time then you will have to!

I strongly encourage you read Rich Dad's Advisors: Guide to Investing In Gold and Silver Protect Your Financial Future, if you haven't.:D
 
NO, because i know the average population are way to caught up in dancing with the stars to see the monetary crisis around the corner.

A key bullish reason.. NO ONE KNOWS/UNDERSTANDS Silver.. if you thought you were late to the silver game ! NO, you are very very early.. 99.99 percent of people dont even own a single silver coin.. most people think silver is only 10 times cheaper than GOLD.. not 50+times!

Silver has an incredible investment potential, its just how long will we have to wait for the zombies to wake up out of there aspertamed florided pea brains.. it will happen sooner or later but dont underestimate the stupidity of the masses.

1for1
 
I pay for services with silver all the time...



I'm just lucky that the missus prefers silver to gold eh...?
 
Came across an old 1000 reis coin today. Obviously not legal tender any more but was tempted to pick it up and try when i'm over there next year.
 
It would be advantage for those trying to avoid CGT when dealing with large amounts of silver (i.e. buying a house with a wheelbarrow full of silver). The gov would still think of another way to tax us though...
 
Not silver, but we pay our office coffee tab with gold.

5g buys a *lot* of coffee and croissants.
 
I asked my travel agent if I could pay an airfare with Perth mint bars 10oz x 4 he actually said he would look seriously at it if i wanted to. Some people obviously will take it seriously.
 
Even if you try to pay for something in a gold/silver swap, people will first work out what they want in $ then look at the spot price and then tell you how many ounces.

Not until (if ever) goods/services are priced in gold or silver will the metals be truly monetized.
 
Matthew 26:14 said:
Even if you try to pay for something in a gold/silver swap, people will first work out what they want in $ then look at the spot price and then tell you how many ounces.

Not until (if ever) goods/services are priced in gold or silver will the metals be truly monetized.
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True on the pricing issue. But, if able to pay for something with gold/sliver is acceptable then it simplifies the exchange and allows you to keep extra funds in G and S knowing you can just grab some coins when needed.

I have a pile of money - yet I have no money!

Perhaps an extension of SS - establish basic services in each state of Aust that could be provided for G or S. SS could approach electricians, gardeners etc..., brief them as to how G and S can be used to pay for services, aim for 5 in each state and build from there. It doesn't have to be member based and all suppliers listed would need police clearance anyway. Although, the issue of a service provider knowing you might have a stack around is a little limiting. Using members doesn't eliminate this risk in anyway.

Or possibly SS could produce a formal document stating the benefits and possibilities of accepting bullion as payment so that when engaging a supplier/service SS members could hand it over and give them something to think about. This eliminates the member having to try and explain, adds credibility to the idea and saves the member looking like they are tying to con the poor service provider.
 
Why pay for a service/good in tangible PM's, when you can currently pay in potentially worthless fiat?
 
Saw a Pawn Stars episode where a customer sold the shop an old car. Price was $95,000, and the guy asked to be paid in gold. Rick told him he can't pay in gold, but could pay him in cash and the guy could then buy gold with the money.

Took an extra step or two in the transaction, but it worked.

Rick handed the customer $95,000 in $100 bills, then the guy handed it back and bought about 60 to 65 Krugerrands.
 
Dunno bout silver and gold,but pretty sure our friend CK paid for something with one of these.....
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after trying to convince the person behind the counter it was real legal tender.....!
 
Some while ago I offered Mrs Lurkalot a 1oz silver Libertad to perform various naughty and depraved acts upon my person. Fortunately I missed her right hook.

I'm kind of glad I got to keep my silver really.
 
My uncle back home pays my younger brother partly in notes and in silver coins/ounces. There's a family awareness about metals.

Back in TX, I'm thinking of asking the coin dealer for whom I a lot of repair/renovation work to pay me 1 ounce of silver per hour as long as the price stays between $25-$35 per oz. But then again, I'm still comparing it to the dollar value.
 
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