Re: Buy Gold Coins as Bullion Gold Coins Gain Favor



On Mar 9, 9:29 am, "Stormin Mormon" <cayoung61-
&spambloc...@xxxxxxxxxxx> wrote:
Also, nope. Which is why I keep very little of it at home, or
with me. Enough to get myself home, but not much more. I'd rather
have food, clothing, ammo, etc. with me in the vehicle.

--

Christopher A. Young
You can't shout down a troll.
You have to starve them.
.

<Usenet2...@xxxxxxxxxxxxxxxxx> wrote in message

news:MPG.205a24e11479d020989a9e@xxxxxxxxxxxxxxxx
: In article <45f08949$0$28131$4c368...@xxxxxxxxxxxxxx>,
cayoung61-
: &spambloc...@xxxxxxxxxxx says...
: > Can you eat it, wear, it, or shoot it?
:
:
: You mean gold? No.
:
: Can you eat, wear, or shoot the fiat currency funny money in
your
: bank account?
:
:
: --
: Get Credit Where Credit Is Due
:http://www.cardreport.com/
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Hi folks.

I have a bit of silver since I am a silversmith, I also have a little
bit of gold in the form of a few pieces of jewelry, not enough to
worry about. I would argue that during a time period after an economic
crash, all forms of currency will be worthless and we would go back to
the barter system, after that I see Silver and Gold ( and maybe copper
and other metals) becoming a form of money once again. I wrote a
small booklet on this subject and I call that form a M.O.E. (a medium
of exchange). No, you can not eat the paper money or the bits of data
on your credit card, but you can exchange those IMMEDIATELY at a
supermarket to buy food. Using gold or silver may be possible now, but
it is far from the norm. It would have to be converted to a MOE that
is being used right now unless you had a deal with a farmer to trade
directly.

Michael J. Kaer in Canada, Author of " What Money Can't Buy " and "
Prosperity through Barter"

.



Relevant Pages

  • Re: FBI Raids Liberty Dollar - Confiscates All Ron Paul Dollar
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    ... FRNs are not promissory notes. ... However if silver & gold coin or titanium and paladium ... You're right about FRNs and the gold supply. ... requires more money to run our economy than there is gold in the world. ...
    (misc.legal)
  • Re: FBI Raids Liberty Dollar - Confiscates All Ron Paul Dollar
    ... However if silver & gold coin or titanium and paladium coins ... The public debit is about $9 trillion; the money supply is ... There is enough debt in FRN's to buy every ounce of gold on the planet 3 ... promissory note for $20 is nominally worth twenty dollars. ...
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