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<p>[QUOTE="InfleXion, post: 2662273, member: 29012"]Funny, because I never said gold and silver make your wealth safe. I said they are safe from inflation. As I stated before, that doesn't make it safe from the market. I'm beginning to think your reading skills need work.</p><p><br /></p><p>And regardless of what you or anyone else thinks, we have a legal definition of a "dollar" according to the US Coinage Acts, and the only legal money is gold and silver. The Federal Reserve Act did not make any attempts to redefine the definition of the dollar according to US law. So what we use as currency is not a dollar. Federal Reserve Notes are not dollars. And Federal Reserve Notes also do not meet the general definition of money, because they do not meet all requirements of the definition of money: divisible, durable, portable, fungible, and a store of wealth. They are not durable enough to be a longterm store of wealth. They are strictly currency, and not a legal one at that. Ignore facts at your own risk.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2662273, member: 29012"]Funny, because I never said gold and silver make your wealth safe. I said they are safe from inflation. As I stated before, that doesn't make it safe from the market. I'm beginning to think your reading skills need work. And regardless of what you or anyone else thinks, we have a legal definition of a "dollar" according to the US Coinage Acts, and the only legal money is gold and silver. The Federal Reserve Act did not make any attempts to redefine the definition of the dollar according to US law. So what we use as currency is not a dollar. Federal Reserve Notes are not dollars. And Federal Reserve Notes also do not meet the general definition of money, because they do not meet all requirements of the definition of money: divisible, durable, portable, fungible, and a store of wealth. They are not durable enough to be a longterm store of wealth. They are strictly currency, and not a legal one at that. Ignore facts at your own risk.[/QUOTE]
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