Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: expat_panama
Let's face it, precious metal prices are all over the place.

As opposed to paper fiat currencies, which have always been a reliable store of value.


69 posted on 11/13/2009 12:24:13 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 57 | View Replies ]


To: Travis McGee

What, you’re saying the only choice is between your gold and Mgumbe’s dollars? Come on guy, you know better than that.


71 posted on 11/13/2009 12:31:55 PM PST by expat_panama
[ Post Reply | Private Reply | To 69 | View Replies ]

To: Travis McGee; expat_panama
As opposed to paper fiat currencies, which have always been a reliable store of value.

Gold has been money for 5000 years. Gold cannot go to zero value. In all recorded history there hasn't been a fiat currency that lasted more than 2 generations. ALL fiat currencies end up in the toilet.

Expat - which is "more stable" LOL Sounds like you need a new dictionary.
94 posted on 11/13/2009 9:48:19 PM PST by dollarbull (why are paperbugs so bad at history?)
[ Post Reply | Private Reply | To 69 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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