Quote:
Originally Posted by ToothSayer
Silver isn't used for mainstream coins. It's a big shiny lump of crap and not much more. I cannot see a single reason why you'd want to compare silver price in ancient Rome relative to wages with silver prices today relative to wages.
Yeah...they took the silver out of the coins for a reason, right? They didn't do it for fun. They did it to debauch the currency. Same thing happened to the Denarius in ancient Rome when they clipped the Denarius back in ancient rome. You act like debasement of currency has never happened. Currency debasement is as old as the hills.
If it is just a big shiny limp of crap and not much more then why didn't they just keep the silver in the coins??? And if silver is such a useless lump of crap how come a silver dime from the early 60's bought you a gallon of gas and still buys you a gallon of gas today 50 years later.
You understand the entire point of buying gold and silver, right??? The entire point is to have money when paper fails.
The assets of everything have been so over-inflated via inflation and fake paper money, that when it collapses the real purchasing power of silver and gold will shine.
Like in Venezuela how you can buy up to 6 months of food on the black market with 1 single ounce of silver. What is the dollar value of 1 ounce of silver? 18$, right? $18 barely buys you a cheeseburger, fries, and a beer. So clearly you can see the con of paper money promises.
Silver is money and money is silver, it doesn't matter if its 2,000 years in ancient rome or 2017. When paper fails it is what it is. And when it does fail and people are wiped out, they'll be working all day as slaves to just put food on the table. Like what happens in much of the world today. And if you have a monster box of silver eagles you will probably buy you a small town. And be light years ahead of 99% of the population.
Last edited by HawaiiSurf; 05-13-2017 at 12:02 AM.