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<p>[QUOTE="Clawcoins, post: 2782699, member: 77814"]Don't store your wealth in US Gold, Platinum or Silver coins if you expect at any time to spend it as coinage.</p><p><br /></p><p>Store you "money" in Cash. Use spare/excess money into PMs.</p><p><br /></p><p>PMs always have to be converted to cash (either through trade, barter, etc to a monetary value) before actually being "spent".</p><p><br /></p><p>I store "wealth" in PMs simple as a pretty method of wealth holdings, which, hopefully in the long term future will be worth more than it currently is.</p><p><br /></p><p>This is the difference between "money" and Precious Metals. One has wealth in PMs based on spot price, and the "market" to buy/sell is different than your "grocery Market" which identifies all coinage by it's stamped worth irrelevant of material.</p><p><br /></p><p>If you put a 1915 dime into the Self Serve Payment Machine to buy a loaf of bread it shows that you paid 10 Cents. The same as a 2017 dime. You still owe the machine a Dollar to buy that loaf of bread.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2782699, member: 77814"]Don't store your wealth in US Gold, Platinum or Silver coins if you expect at any time to spend it as coinage. Store you "money" in Cash. Use spare/excess money into PMs. PMs always have to be converted to cash (either through trade, barter, etc to a monetary value) before actually being "spent". I store "wealth" in PMs simple as a pretty method of wealth holdings, which, hopefully in the long term future will be worth more than it currently is. This is the difference between "money" and Precious Metals. One has wealth in PMs based on spot price, and the "market" to buy/sell is different than your "grocery Market" which identifies all coinage by it's stamped worth irrelevant of material. If you put a 1915 dime into the Self Serve Payment Machine to buy a loaf of bread it shows that you paid 10 Cents. The same as a 2017 dime. You still owe the machine a Dollar to buy that loaf of bread.[/QUOTE]
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