Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Where is silver going?
>
Reply to Thread
Message:
<p>[QUOTE="mikem2000, post: 1875442, member: 30574"]I think you mis-understood. Slide rules were great... in their day. I carried one around all through high school even as calculators started becoming affordable, but what you thought was an argument actually makes my point. Yes we did point a man on the moon with slide rules, but if we were to do it again, do you really believe we would use them again???? Same with silver.</p><p><br /></p><p>Also it would probably be the worst idea to have a new "silver dollar". You even started in with the problems. We need to put less silver than it is really worth in case silver goes up???? Now we have a partially backed dollar and the rest is valued in fiat??? Sounds like a mess to me, and why would we tie up a valuable industrial resource in our currency that is needed for other things. Seems it would be putting upward pressure on the commodity and cut into the bottom line of those who need silver for industry for no reason. This of course would put downward pressure on the economy. What is the logic on that?</p><p><br /></p><p> Sure, the price of silver may go up but also remember what we learned about the Gold standard. You can have Gold or the Gold Standard, but not both. It might be the same for silver.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1875442, member: 30574"]I think you mis-understood. Slide rules were great... in their day. I carried one around all through high school even as calculators started becoming affordable, but what you thought was an argument actually makes my point. Yes we did point a man on the moon with slide rules, but if we were to do it again, do you really believe we would use them again???? Same with silver. Also it would probably be the worst idea to have a new "silver dollar". You even started in with the problems. We need to put less silver than it is really worth in case silver goes up???? Now we have a partially backed dollar and the rest is valued in fiat??? Sounds like a mess to me, and why would we tie up a valuable industrial resource in our currency that is needed for other things. Seems it would be putting upward pressure on the commodity and cut into the bottom line of those who need silver for industry for no reason. This of course would put downward pressure on the economy. What is the logic on that? Sure, the price of silver may go up but also remember what we learned about the Gold standard. You can have Gold or the Gold Standard, but not both. It might be the same for silver.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Where is silver going?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...