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To: Boogieman

In gold and silver we trust. Owners who have it in hand never have to worry about hack attacks. It is not subject to power failure or grid failure. And, it will never be worth zero. US mint Silver Eagles can be bought now for about $21.00.
Silver rounds are about $17.00.


10 posted on 10/27/2015 5:32:18 PM PDT by Sasparilla
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To: Sasparilla

Sure, gold is great, but really I’d say you are talking two different ballparks.

You buy gold and silver if you want a safe, long term store of value, or a hedge against inflation, or currency instability, stuff like that. Bitcoins or digital currency don’t compete in that area, but are designed more for convenience and security in commerce. No matter how good gold is at securing your wealth, if you had to haul it around with you to buy stuff, it would be less secure at that purpose than bitcoins.


16 posted on 10/27/2015 5:58:10 PM PDT by Boogieman
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To: Sasparilla

I was at a gun show in Maumee OH about 20+ years back, and a guy had a good size pile of 1 ounce silver bars in a case for sale. I bought one for $5, he had them priced @ 1/$5, 3/$10, 7/$20, etc. He offered me the entire pile for $100, and I’d have bet there were 80 to 100 there. I could have got them but didn’t, and am still kicking myself...


19 posted on 10/27/2015 6:30:51 PM PDT by W. (I piss fire and acid upon the militant muslims as they pray to their baby-raping god!)
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