If it was, everyone would be rich.
The CoinTalk forum probably represents the "smart money" in the hobby. The "smart money" is almost universally against high-grade bullion. This...
Afghanistan has no effective legal system, no roads, no electricity, no railroads, no ocean access, and no safe way to ship it out of the country....
It was owned by Berkshire Hathaway. Warren never discussed it very much. He said he liked and followed silver since he was a child, and bought...
Silver. It is more certain to go up since it is both an industrial metal and precious metal, and since there are fewer ounces of silver in above...
It's generally only good for the melt. However, it is fairly easy to assemble a "short set" of silver roosevelt dimes from 1946 to 1964 that...
I hope it was meant as a joke.
When/if the price of silver quickly doubles, a lot of people will run to sell them at a profit, fearing that the price will go back down....
I agree. The existing coins will be more valuable if the series is discontinued.
Good point. The amount of silver melted around 1980 must have been tremendous. I don't know how anybody could accurately quantify it. My guess...
No.
Except that the assets they receive are income producing and the notes issued are not. The quote below is from the NY Fed website. Putting...
Not all Treasuries are owned by the Fed, and most of the interest does not come back to the Treasury. And even for the Treasuries owned by the...
I understand commodity and fiduciary money, and the panics [although I secretly think the fallout from the San Francisco earthquake had more to do...
Since large industrial economies were already running on gold and silver currency, it is more likely that either (1) some folks in power sincerely...
I think your calculation might be a bit off on the Denmark thing. That's a tremendous amount of gold. Remember, only the currency has to be...
I would suggest that the big failure in the system is that since the debt is the money and the money is the debt, there is no way to liquidate...
The Treasury pays interest on the bonds, notes and bills it issues to whoever owns them. The Fed owns many of these and receives interest. They...
The point was that there is no need to have a national debt or interest. And while part of the interest is returned to the Treasury in the form...
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