To: BlackJack; silver_patriot2000; Chewbacca
Whats the spot price right now of paper?If you're asking which I'd rather hide under the mattress for 30 years in case of emergency, paper or silver, the answer is silver of course.
But you gotta admit, these tokens are only worth their bullion value, NOT whatever denomination is stamped into their surface.
To: Willie Green
Willie, the coin is worth $10 when you shop at a participating retailer. The coin will buy something that costs $10.
IF-say- the federal guv collapsed because a nuke went off in Wash DC- I'd rather have a pocket full of silver coins than a pocket full of paper notes.
Its like a $10 bill made out of 1 ounce .999 silver instead of a paper note.
To: Willie Green
But you gotta admit, these tokens are only worth their bullion value, NOT whatever denomination is stamped into their surface.They're "worth" what someone is willing to give you in exchange for one. Right?
62 posted on
02/13/2003 10:55:32 PM PST by
mvpel
(Michael Pelletier)
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