Tuesday, November 15, 2022 4:22:33 PM
Seen what the Euro has done lately? Fiat is something to turn as fast as you can as its unbacked money. At our age we can still remember real money. My dad used to give me a buck for lunch cause the gal that took our lunch money at school would give me change my $.70 in change in 90% silver. Do you know what that $.70 cents of pre 64 I got back in 1965 is worth now? Howabout $19.43 in our fiat. The coins still look about the same the content not so much..
https://www.apmex.com/product/195/90-silver-coins-1-face-value-avg-circ. All HELL to the money printers. LOL at 91 he still has the bag of those quarters and dimes we got back as change..
Yes different objectives but mostly I prefer Au/Ag to Cash. If you are going to hoard something let it be GOLD and SILVER with intrinsic value and a wonderful history of value!. I have a distaste for fiat I would rather have metal first and the cash second. I still convert my fiat to the PM's frequently. PM stocks are the tweener as they straddle the fence between the hard assets and paper assets since there underlying assets are the PMs. So if Jason stored Gold and SIlver in bar form thumbs up from me. How about $20,000,000 in Au/Ag instead of fiat. The way we are printing the fiat no way it can continue to buy gold at current prices.....Have you been watching the action in the ME. China is talking with the Arabs about paying for Oil with AU. How long will the Arabs keep taking unbacked printed as much as you want fiat when they are getting gold or silver from the Chinese?
Seen what the Euro has done lately? Fiat is something to turn as fast as you can as its unbacked money. At our age we can still remember real money. My dad used to give me a buck for lunch cause the gal that took our lunch money at school would give me change my $.70 in change in 90% silver. Do you know what that $.70 cents of pre 64 I got back in 1965 is worth now? Howabout $19.43 in our fiat. The coins still look about the same the content not so much..
https://www.apmex.com/product/195/90-silver-coins-1-face-value-avg-circ. All HELL to the money printers. LOL at 91 he still has the bag of those quarters and dimes we got back as change..
Recent FTCO News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 09:44:06 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/27/2024 09:06:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 08:37:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:05:41 PM
- Volatile Economy Makes Gold Space 'Increasingly Attractive' • InvestorsHub NewsWire • 10/12/2023 12:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2023 08:37:55 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2023 08:05:41 PM
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM