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Why are you buying silver for 5 bucks over spot?
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<p>[QUOTE="ToughCOINS, post: 4366363, member: 20480"]I like 90% silver far better . . . If the market ever goes to HIAHB, pricing goods in 90% silver could facilitate the making of change in same, and re-establish a medium of exchange in which people could truly invest their faith.</p><p><br /></p><p>There's certainly an ample supply in the marketplace to stand on its own 2 feet as a recognizable medium of exchange, and it is not considered contraband by the government.</p><p><br /></p><p>As an example, if I was buying 10 gallons of gasoline from a like-minded vendor, priced at 4 gallons per $1.00 face, and paid $3.00 face, I'd get back 50 cents in 90% silver as change. </p><p><br /></p><p>I'm not saying it would ever become mainstream practice, but I can guarantee you that there are those among us who would be willing participants.</p><p><br /></p><p>I don't think the same can be said for other silver, be they bars or rounds, or coins of other fineness.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 4366363, member: 20480"]I like 90% silver far better . . . If the market ever goes to HIAHB, pricing goods in 90% silver could facilitate the making of change in same, and re-establish a medium of exchange in which people could truly invest their faith. There's certainly an ample supply in the marketplace to stand on its own 2 feet as a recognizable medium of exchange, and it is not considered contraband by the government. As an example, if I was buying 10 gallons of gasoline from a like-minded vendor, priced at 4 gallons per $1.00 face, and paid $3.00 face, I'd get back 50 cents in 90% silver as change. I'm not saying it would ever become mainstream practice, but I can guarantee you that there are those among us who would be willing participants. I don't think the same can be said for other silver, be they bars or rounds, or coins of other fineness.[/QUOTE]
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