No usury on money would benefit everybody except for the moneychangers! :hail:
The logic behind this is that based on the gold bull market of the 70's the price went from $40 to $800 which was a 20 fold increase. The current...
I believe the reason you wouldn't want to measure in nominal dollars is because of inflation. For example $50 silver in 1980 is $128 in 2011...
How about instead of why isn't silver going up, how far is silver about to go up?...
Agreed, great post ukgoldbug. Fatima, I also agree with you, but my take on that scenario is that is the very reason why silver is undervalued and...
While I may move my inflation protected bonds into PSLV and a basket of mining stocks at some point in the future (right now I am happy where I am...
American Silver Eagles are .9993 and I actually prefer any silver that is .9999 (all I have of which is Canadian) because solar panels require...
I can't be certain, but I am under the impression that if interest is set to 3% which is roughly the annual increase in gold supply it will be a...
This is an interesting point that I hadn't considered, as I have always been of the mindset that money is the representation of goods and...
Maybe you were saying this, but just to be clear - my understanding of fractional reserve banking is that the entire amount of the loan is...
@JeffB - I suppose I should have prefaced my other post with "In a free market", since you are quite correct in your assessment. However due to...
This analogy is one I read a few years ago that first peaked my interest in precious metals. The answer can be one of two things. It either comes...
I agree with everything you've stated here, but the one area where gold falls short is liquidity. It's one thing if it's a gold backed currency,...
I would agree with you that all fungible metals are worthy of monetary status, and not all of them are treated as such. So this doesn't make gold...
In my mind the answer to this question relies heavily on the reasons for why they drop. If it is because of margin hikes or a slowing economy I...
This is the reason I got into precious metals. It's a simple ratio of money supply divided by goods and services that are represented by the...
I don't like anything less than 1/4 oz for gold because otherwise you get hit with substantial premiums and get less bang for your buck. My...
I can see your point, but I am going to have to respectfully disagree. I don't believe that intrinsic value is determined by the state. I believe...
Picked up two 1/2 oz lunar rabbits for $33 apiece this week. Maybe not the best deal, but I don't have any that size and I've heard they fit well...
Maybe a more accurate description would be to say that silver inherits gold's monetary qualities, but it also inherits a lot more industrial...
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