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how will pricing be done??? if exchange fail????
iaf000 1 year ago
@iaf000
There are several precious metals exchange around the world. If they all fail, I suppose free market will set the price perhaps in weight instead of dollars?
GoldSilverMedia 1 year ago
@GoldSilverMedia YES but when you sell your gold and silver, we get in dollars so who is gonna price it? coin dealers?
iaf000 1 year ago
@iaf000
In my opinion, the free market will set the price ( ebay ? ) or maybe they will try to implement price fixing which will fail.
GoldSilverMedia 1 year ago
@GoldSilverMedia somebody gonna measure price, otherwise how we gonna know what price should people buy or sell?
iaf000 1 year ago
@iaf000
Free market will set the price. Take stocks for example, the price is determined by buyers and sellers.
GoldSilverMedia 1 year ago