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This guy doesn't like precious metals.
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<p>[QUOTE="medoraman, post: 1634788, member: 26302"]Yeah, thank goodness. Imagine the damage to your pants from all of that weight?</p><p><br /></p><p>People forget WAY too easily how humans simply PREFER paper money. You want proof? Look at how common paper currency was in circulation from 1900-1933 versus gold coins. About 99% of everyone preferred a $20 paper bill to a double eagle. That is why most gold is very lightly circulated, if circulated at all. Just try to find a double eagle as circulated as most barber coins are, and this is even taking into account how much softer and quicker to wear gold is versus silver.</p><p><br /></p><p>Or, even easier, see how much dollar coins circulate today if there are dollar bills also in circulation. You have to physically remove the bills of a denomination for a coin to have ANY CHANCE to circulate, most humans hate them so much.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1634788, member: 26302"]Yeah, thank goodness. Imagine the damage to your pants from all of that weight? People forget WAY too easily how humans simply PREFER paper money. You want proof? Look at how common paper currency was in circulation from 1900-1933 versus gold coins. About 99% of everyone preferred a $20 paper bill to a double eagle. That is why most gold is very lightly circulated, if circulated at all. Just try to find a double eagle as circulated as most barber coins are, and this is even taking into account how much softer and quicker to wear gold is versus silver. Or, even easier, see how much dollar coins circulate today if there are dollar bills also in circulation. You have to physically remove the bills of a denomination for a coin to have ANY CHANCE to circulate, most humans hate them so much.[/QUOTE]
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