Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: OB1kNOb

Gold is money.

Silver isn’t.

Simple.


8 posted on 08/08/2011 1:42:17 PM PDT by Jim Noble (To live peacefully with credit-based consumption and fiat money, men would have to be angels.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jim Noble

I’m confused. You mean silver dollars are not money—esp the ones 90% purity?


25 posted on 08/08/2011 2:06:40 PM PDT by famousdayandyear
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Jim Noble

Silver is money too. The Silver market is much smaller and much easier to manipulate. The govt will try to manipulate precious metals to save fiat currencies. The will raise margin requirements and other things. Gold is harder to manipulate.

The final govt action is what FDR did - confiscate it. It will be a “patriotic” thing to do.


47 posted on 08/08/2011 3:21:23 PM PDT by John334
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Jim Noble
Gold is money. Silver isn’t. Simple.

Silver is absolutely money and has always been used as, and considered, money.

50 posted on 08/08/2011 3:36:21 PM PDT by IDontLikeToPayTaxes
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson