Posted on 01/01/2011 2:41:10 PM PST by An Old Man
In worldwide standard use for over a century.
Gold is AU.
Silver is AR.
SLV is the iShares Silver Trust ETF, GLD is the Gold Trust ETF, and those were my references. Look 'em up.
“Ummm, use it as what it really is: Money”.
...ummm, I guess you’d just shave a sliver off of a 10oz bar for a loaf of bread? A little larger sliver for meat etc?
I did not know that.
Thanks for the info.
Why would I doubt you?
I do think that people are nuts if they use any paper or instrument other than the physical metal.
First, when the excrement hits the rotary device, it will only matter what you have in hand.
Second, all confiscation LAWS are still on the books. A paper trail means that they know who to rob.
You don’t think that the messiah “king” obammy and his minions are going to stop once they steal American’s pensions and IRAs and such do you?
They WILL come for the people’s gold and silver and such also.
But, thanks again for clearing that nomenclature thing up.
So is rule 308
While it is possible to do exactly what you wrote, the better choice might be to fall back on having some smaller lumps of gold on hand. Think of all the benefits, not the least of which is; you will not have to run the risk of cutting your finger on a sharp knife.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.