Paper money has no value

Debts are too high and assets are limited.

Category:

Education

Tags:

• Silver
• Dollar
• Coins
• Bullion

[InfinityDollar]

Silver has no "Value"...

[davincij15]

@InfinityDollar

Value comes from someone needing it for something else.

Right now someone needs dollars to pay taxes or debts thus it has value.

Silver is use in 10,000 applications and it's money like gold is money. Silver has no value to you right now but when it does don't bitch at the people who where smart enough to purchased it before you did.

[roaringwaterbay]

a stock is worth whatever the market thinks it's worth; i guess it's the same with paper currency . . .  until the crap hits the fan. then of course, nobody will want it, and it will be worth nothing. that's when the tanks show up on the streets and thugs in jackboots start kicking down your door and mine. nice.

[davincij15]

@roaringwaterbay

A Roman Senator suggested that they put a mark on the forehead of the slaves to identify them. The others thought it was a bad idea because the slaves would recognize that they out number us.

[AvidLifestyle]

"Paper is poverty...It is only the ghost of money, and not money itself."- Thomas Jefferson

[davincij15]

@rayomans

You can not predict the day people will say... Oh fuck I've been had. If it where not for Ron Paul I would not be here.

[ytgv3fc7]

@residentzombie You're a total fuck-tard absolute moron. When I buy gold using Canadian dollars, US dollars are used in the middle. So yes for 2 seconds they are involved, boosting their reputation, then they're gone again and this reflected later. Because at no time did I actually START or END with US dollars - I went from Canadian dollars to gold. YOU don't know how banking works with gold or how oil is bought with non-US currency. That's how it works

[GOLDSILVERDUDE]

I'm pretty sure that there is only 250-300 million oz of physical silver for investors to buy.

[okpapereat]

And oh yea, you can't buy facebook stocks aswell because facebook is a private corporation and its ticker symbol is not even listed.

[okpapereat]

It has value, depending on the year and such, if you find one of those earlier canadian bills mint condition, or if you have uncut sheets you can have numismatic value to it(collectors value).

[davincij15]

@EconomicsCafe

At that point in time paying $525,000 for a home was insane if your goal was to store or increase your wealth. Why? Because it was over valued because of easy credit to those that can't pay. Thus so at this point in time paper money time because it's created from debt that has now become unplayable. The facade is now being held together with accounting fraud and coercion.

Since you are not privy to the knowledge of when it will end you must evacuate before it does.

[davincij15]

@EconomicsCafe

In 2005 a average house had a value that was to high but everyone believed it was correct, so tell me does believing in something make it so? Does value today mean value tomorrow or even just 70 years? (BTW the dollar lost 95% of it's value in that time gold and silver has not)

So when someone asks what gives gold it's value? It's rare element that requires WORK to create while dollars are not, and can be created by anyone borrowing from a bank.

[stratcatavarious]

Pretty paper !

You can wrap gifts with it !