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<p>[QUOTE="mikem2000, post: 1793358, member: 30574"]Lot of cliche's here, so Currency is just a piece of paper? Prove it? Send it to me. I have asked this several times by a lot of folks but you can guess how many dollars came my way, exactly the same amount that you will send me. You say one thing but you mean another and you don't even believe it yourself.</p><p> </p><p>So you are not a doomsdayer, but you think something dramatic is going to happen. To say the least Freud would have a field day with that one.</p><p> </p><p>Ok now you say Gold and Silver is the same in every county. Hard to argue with that, but what is really the point. Sand is the same if every country too. Probably more useful than Gold too. There is absolutely no way to predict the value of Gold in Silver in a post apocalypse America. Honestly, in that scenario, there is a very good chance your nails in the basement would be worth more that an ASE. Besides that, this has NEVER been a USD vs. Gold and Silver argument. No one here has EVER recommended hoarding greenbacks. When you bring up that argument it just shows you do not understand what currency is for.</p><p> </p><p>I won't get into the Gov thing since you are violating forum rules</p><p> </p><p>Moving on, so you don't want to GAMBLE with stocks, but holding an asset that dropped 60%, no big deal? As far as your preference for Bullion of Stocks, yes to each his own, of course, but c'mom you have not even come close to justify bullion over stocks based on risk. Besides who says you can't have both.</p><p> </p><p>And finally, to say Gold and Silver has had value for thousands of years, is just not true. It all depended on where on the planet you were standing. and you last point of a 401K just being numbers, is well ridiculous, Just as people value Gold and Silver, people also value those numbers on a piece of paper and will return good and or services for both. In both cases it is other folks that determine their value, not your opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1793358, member: 30574"]Lot of cliche's here, so Currency is just a piece of paper? Prove it? Send it to me. I have asked this several times by a lot of folks but you can guess how many dollars came my way, exactly the same amount that you will send me. You say one thing but you mean another and you don't even believe it yourself. So you are not a doomsdayer, but you think something dramatic is going to happen. To say the least Freud would have a field day with that one. Ok now you say Gold and Silver is the same in every county. Hard to argue with that, but what is really the point. Sand is the same if every country too. Probably more useful than Gold too. There is absolutely no way to predict the value of Gold in Silver in a post apocalypse America. Honestly, in that scenario, there is a very good chance your nails in the basement would be worth more that an ASE. Besides that, this has NEVER been a USD vs. Gold and Silver argument. No one here has EVER recommended hoarding greenbacks. When you bring up that argument it just shows you do not understand what currency is for. I won't get into the Gov thing since you are violating forum rules Moving on, so you don't want to GAMBLE with stocks, but holding an asset that dropped 60%, no big deal? As far as your preference for Bullion of Stocks, yes to each his own, of course, but c'mom you have not even come close to justify bullion over stocks based on risk. Besides who says you can't have both. And finally, to say Gold and Silver has had value for thousands of years, is just not true. It all depended on where on the planet you were standing. and you last point of a 401K just being numbers, is well ridiculous, Just as people value Gold and Silver, people also value those numbers on a piece of paper and will return good and or services for both. In both cases it is other folks that determine their value, not your opinion.[/QUOTE]
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