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<p>[QUOTE="andrew289, post: 202564, member: 6463"]"I expect the greenback to become worthless soon (like it isn't already) and I think the silver eagles will be useful as currency. Being minted by the government, people will be more likely to accept them, I assume."</p><p><br /></p><p>"But it's easier to go to the grocery store with a $12+ silver coin than a $600+ gold coin. I mean, what are they going to give you as change for your gold?"</p><p><br /></p><p>"Anybody got any comments? Is my thinking screwy? What do you think would be most likely to replace the greenback as currency?"</p><p><br /></p><p>A couple of questions?</p><p> </p><p>When do you see Silver eagles being used as currency in the US? Do you have a time frame in mind or this going to occur after the end of civilization as we know it. I'm curious because if it's gonna happin in the next 10-15 years, I need to stock up. </p><p> </p><p>I would imagine that silver eagles would only be used as currency to buy groceries only after the US governement is a functioning entity. It would be a lawless society and if it comes to stone age barting with precious metals,what does it matter who minted the coin?</p><p> </p><p>How is the grocery store going to know how much your silver eagle is worth? It only has a 1 dollar face value. Most grocery store owners don't know that the new presidential dollars are legal tender. </p><p> </p><p>Interesting scenarois but if anything we are moving away from a cash based society. In 10-15 years currency will evolve and slowly disappear as we move to debit cards and fobs that you scan, like you can get for the Mobil gas stations. It will all become electronic. Ofcourse those in the hinterland and wilderness areas might still be using siver eagles to buy a loaf of bread but the rest of the country will have moved on.[/QUOTE]</p><p><br /></p>
[QUOTE="andrew289, post: 202564, member: 6463"]"I expect the greenback to become worthless soon (like it isn't already) and I think the silver eagles will be useful as currency. Being minted by the government, people will be more likely to accept them, I assume." "But it's easier to go to the grocery store with a $12+ silver coin than a $600+ gold coin. I mean, what are they going to give you as change for your gold?" "Anybody got any comments? Is my thinking screwy? What do you think would be most likely to replace the greenback as currency?" A couple of questions? When do you see Silver eagles being used as currency in the US? Do you have a time frame in mind or this going to occur after the end of civilization as we know it. I'm curious because if it's gonna happin in the next 10-15 years, I need to stock up. I would imagine that silver eagles would only be used as currency to buy groceries only after the US governement is a functioning entity. It would be a lawless society and if it comes to stone age barting with precious metals,what does it matter who minted the coin? How is the grocery store going to know how much your silver eagle is worth? It only has a 1 dollar face value. Most grocery store owners don't know that the new presidential dollars are legal tender. Interesting scenarois but if anything we are moving away from a cash based society. In 10-15 years currency will evolve and slowly disappear as we move to debit cards and fobs that you scan, like you can get for the Mobil gas stations. It will all become electronic. Ofcourse those in the hinterland and wilderness areas might still be using siver eagles to buy a loaf of bread but the rest of the country will have moved on.[/QUOTE]
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