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To: SunkenCiv

Try burying your USD’s dollars or E money and then see what it will be worth in 1,000 years.

Gold and silver has been wealth for centuries. Paper currencies are for spending, and quickly as they are losing purchasing power every day.

Why do people save (“ hoard” ) something that continuously loses it’s vale?


21 posted on 01/15/2025 6:30:10 AM PST by delta7
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To: delta7

Value is based on scarcity, and since no one is likely to be using actual physical currency in 1000 years, a hoard of US coins and/or paper money will be valuable as collectibles.

Gold and silver are bound to be found in and processed out of asteroids in vast amounts. All the gold ever mined on Earth would make a 80-90 foot cube, scarce, hence, value. It’s a commodity, nothing more.


23 posted on 01/15/2025 7:44:39 AM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: delta7

“Gold and silver has been wealth for centuries. Paper currencies are for spending, and quickly as they are losing purchasing power every day.”

This contradicts your recent financial advice to accumulate US dollars.


26 posted on 01/17/2025 12:14:02 PM PST by TexasGator ('/1I11.1/|1211i.11'1/'1/11111)
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