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<p>[QUOTE="bhp3rd, post: 786293, member: 16510"]<b>Neither (gold or silver) is worth nothing at my local grocery store!</b></p><p><br /></p><p>Neither (gold or silver) is worth nothing at my local grocery store!</p><p>Everything is relative and subjective. Yes I could take pre 1964 silver coinage down there and spend it for face but I think I will pass, and yes some astute manager after being called over to my checkout lane after some dialog may offer to buy my gold or silver at some very low price so I then could use regular U.S. paper money but,</p><p>What counts is what counts in the real world. I always seem to get the feeling that the biggest proponants of gold and silver values and up swings or the ones hinging on it's every move to see how much (or how little) they have gained. I'm not sure where all this talk of gold and silver ever ends except when it's way down then no one wants it and know one talks about it.</p><p>So you got this hunk of gold or silver and it's worth whatever but is has not made you one cent in X number of years until you sell it or trade it. It's not worth anything until you pass it over the counter to someone. You must despose of it to be worth anything and then when you take the loss of value (your moneys spending power) over time, your taxes, your selling fees, time and trouble you still end up with X amount of U.S. paper money to spend at the same store for the same goods, congratulations!!!</p><p>If any of you think the sky is really going to fall and we will be shaving off pieces of gold or silver to pay for goods then do I ever have very bad news for you, very bad indeed![/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 786293, member: 16510"][b]Neither (gold or silver) is worth nothing at my local grocery store![/b] Neither (gold or silver) is worth nothing at my local grocery store! Everything is relative and subjective. Yes I could take pre 1964 silver coinage down there and spend it for face but I think I will pass, and yes some astute manager after being called over to my checkout lane after some dialog may offer to buy my gold or silver at some very low price so I then could use regular U.S. paper money but, What counts is what counts in the real world. I always seem to get the feeling that the biggest proponants of gold and silver values and up swings or the ones hinging on it's every move to see how much (or how little) they have gained. I'm not sure where all this talk of gold and silver ever ends except when it's way down then no one wants it and know one talks about it. So you got this hunk of gold or silver and it's worth whatever but is has not made you one cent in X number of years until you sell it or trade it. It's not worth anything until you pass it over the counter to someone. You must despose of it to be worth anything and then when you take the loss of value (your moneys spending power) over time, your taxes, your selling fees, time and trouble you still end up with X amount of U.S. paper money to spend at the same store for the same goods, congratulations!!! If any of you think the sky is really going to fall and we will be shaving off pieces of gold or silver to pay for goods then do I ever have very bad news for you, very bad indeed![/QUOTE]
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Good as GOLD. Some thoughts to ponder...
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