Redpill me on gold/silver and modern monetary and banking practices
Gold/Silver
Connor Torres
Austin Anderson
shiny stuff is pretty
Mason Reed
here you go
youtube.com
Carter Morris
Gold and silver is just a artificial limiter on currency, in reality currency should be valued on industrial capability and military power projection.
Dylan Green
>implying the amount of resources such as gold and silver a sovereignty can obtain isn't almost entirely due to its industrial and military capacities
you're really fucking brainwashed you stupid NPC
Luke Campbell
lol thats the type of response an NPC would make, after being reprogrammed to deflect his true nature as an NPC...... fuck off agent smith
Joseph Flores
Can you explain that? It makes sense to me for money to be a physical commodity with a stable value. Any other system will surely be abused (printing trillions of dollars, fractional reserve banking, etc.)
David Hernandez
Good store of value. Don’t expect huge returns.
Buy when economy is doing well, sell when economy is doing shitty.
Right now silver is cheap. Economy is in good shape. $14 an oz for silver .
$100 at apmex.com gets you free shipping.
Jeremiah Ward
Overrated, overhyped nonsense.
Was never really the basis for economy.
Was almost never used by regular people
Almost exclusively used to pay itinerants and soldiers- people who couldnt get credit.
No one accepts it anymore
No one except morons think that in a digital world we will still be using heavy physical metals to store value (we already aren't mostly)
It's a meme that came about because early people were ignorant and dumb and like shiny things.
The proof will be the level of illogical and asinine outrage from people who have collected it and believed in it like a child, pirate, or fucking dragon their whole lives.
Stay mad goldfags.
Isaiah Parker
I've heard that silver is being artificially kept down due to the amount of ETFs in relation to physical buillon. Any truth to that?