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To: roadcat

Jewelry isn’t the best exchangeable commodity because the value of the items is too subjective. Gold and silver (or even copper/bronze) coins (or privately-struck metal rounds) fit the bill because they are a standard size, weight and metal content and both the buyer and seller can easily understand what they are getting.
I can see private mints issuing bars and medallions doing a roaring trade if a serious transition towards ‘all-digital’ money is made...


20 posted on 03/19/2012 3:23:32 PM PDT by sinsofsolarempirefan
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To: sinsofsolarempirefan
"I can see private mints issuing bars and medallions doing a roaring trade if a serious transition towards ‘all-digital’ money is made..."

Well they guy who made Silver Liberty coins got arrested. Seems the FedGov wanted no part of someone making "Barter Coins"

22 posted on 03/19/2012 3:38:59 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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