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<p>[QUOTE=&quot;rrholdout, post: 2890080, member: 89654&quot;]I have to say, after reading this thread over a few times, many great points, that I am coming to more fully appreciate Sakata&#039;s point of view, though Kurt says we should do the opposite. If you&#039;re looking to <i>make </i>money [i.e. dollars], bullion is a poor choice. But if you&#039;re looking to <i>store</i> money, bullion is an excellent choice. It seems counterintuitive to choose to &#039;store&#039; money, as we grow up thinking money should always be put to work to make more money [maybe due to inflationary erosion always dogging it]. </p><p><br /></p><p>Yes the transaction costs of converting one asset to another always cause some loss. But some states are taking sluggish action to properly recognizing gold and silver as currency again. Of course it does happen to be in the U.S. Constitution:</p><p><br /></p><p>- Article I, Section 10, “<i>No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts</i>.”</p><p><br /></p><p>They are up against the Fed, which will be a long haul - much worse than weed.</p><p><br /></p><p>Some small businesses are accepting silver as payment in basic food/gas transactions. This could increase dramatically over time as dollar-faith continues to drop.</p><p><br /></p><p>Though it may be delusional to envision a post-apocalyptic future in which we&#039;re all bartering gold and silver coins for goods, I think it&#039;s equally delusional to have any long-term confidence in our present debt-driven third-world-upheld economic system.[/QUOTE]</p><p><br /></p>

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