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| Gold Certificates?; I thought the purpose was to have tangible assets, not paper. | |
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| Tweet Topic Started: May 28 2016, 08:51 AM (97 Views) | |
| Corky52 | May 28 2016, 08:51 AM Post #1 |
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Fire & Ice Senior Diplomat
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A person I know who feels electing Hillary will cause a national collapse is so proud of his gold holdings, to me it seems like just another hand full of paper. I thought goldbugs had gold to be outside the system with their wealth.
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| Neutral | May 28 2016, 08:54 AM Post #2 |
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Fire & Ice Senior Diplomat
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| Sea Dog | May 28 2016, 09:10 AM Post #3 |
Fire & Ice Senior Diplomat
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Any gold bug will happily exchange his precious metal for dollars if your offer is high enough. I would have a much greater fear of a collapse under Trump than I would under Hillary. Unless of course, pissing off everyone, every where is the secret to prosperity! |
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| Corky52 | May 29 2016, 06:47 AM Post #4 |
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Fire & Ice Senior Diplomat
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So, are Gold Certificates the same as real metallic gold or not. I see the certificates as just another part of the paper trading game.
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| Brewster | May 29 2016, 06:53 AM Post #5 |
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Fire & Ice Senior Diplomat
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Originally, Paper Money was based on Gold. We've just gone full circle. |
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| Thumper | May 29 2016, 08:14 AM Post #6 |
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Fire & Ice Senior Diplomat
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I agree cork. I get a charge out of folks that think there is metal sitting in a vault with their name on it. |
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| Corky52 | May 30 2016, 07:00 AM Post #7 |
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Fire & Ice Senior Diplomat
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Thumper, This guy fancies himself a survivalist who will "live through anything". He thinks that his gold is there just waiting to be picked up and used to buy what he needs from the "dumb smucks" who will have nothing of value.
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| Brewster | May 30 2016, 07:06 AM Post #8 |
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Fire & Ice Senior Diplomat
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I think you have discovered one more "dumb smuck", |
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| Corky52 | May 30 2016, 07:55 AM Post #9 |
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Fire & Ice Senior Diplomat
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Brew, The man has spent his life dealing in symbolic values, he can't even understand that the symbolism might not be honored. He completely lost control when I said there are times and places when a can of beans would be worth more than his gold, even if it was real.
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