Lucy, there are so many variables moving in Economics even those with Nobel Prizes, who have the same school of thought, rarely agree. Its simply...
Ok, lets just talk about this. Three men, label them A, B, and C, each have an asset. There is only $1 worth of gold in the whole world, and that...
Fatima, I think you need to revisit this idea. Your scenario, Fields A and B, both priced at $1000. If there is buyer C, he pays farmer A $1000....
First, if he liquidates holdings in London someone may report about the sales. Holding it in Venezuela allows him to sell at his leisure, with no...
Actually, gold was used in coinage fairly pure in the Greek's time. First it was electrum, but fairly quickly pure gold was used because the first...
ANA monthly magazine Numismatic News World Coin News The Celator Oriental Numismatic Society newsletter ANS monthly magazine I am thinking...
But for the last 100 years, and for the foreseeable future all modern societies use, and will continue to use, fiat currency. I use inflation as a...
How many other metals meet your list, but not considered "monetary metal"? Platinum, palladium, amongst many others are just as suited to your...
:) I never said either was any better sir, just that my guess, given what I know of South American socialist dictators and Chavez's actions to...
Yes sir, I would consider that a fair statement. They are, because of circumstances, seen by the general public as monetary metals.
Maybe, but the Peron's and many others simpy sold the gold bars out of their countries depositories over time. It wasn't until they were...
If I were king for a day, I would solve it all in one fell swoop: 1. elimiate all $1 and $2 bills 2. Coin $1 and $2 coins, multi sided for...
I collect ancient coins and I know the reason silver and gold were used for them. It is simply that they were available metals, (most metals we...
Going back to about 100 years of comparisons, I have seen the relative value of gold becoming today about $1500, and silver about $23. That is...
I agree fully with Jeffb's post number 44, I would also add as well the problem of doing that is treating a pound in 1990 as a pound today....
Venezuela is an oil exporter with declining production because Chavez is spending every penny generated and not allowing for maintenance, let...
That gold will never again be seen as an asset of Venezuela again is my prediction. That gold will still be around, but will be spent by socialist...
I am just pointing out a tech stock investor would have said the EXACT same thing in 1999 Fatima, except changing it to read: Well, An...
I believe the key is poor investor sentiment. In both timeframes investor outlook was poor. What will lower PM pricing will be unexpected, good...
The silver institute shows usage of silver. Photography is going down, some new applications going up, (solar cells), but this is government...
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