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HK HK is offline
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First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Will losses at Bank of America...

JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or a
server recession and/or depression, it would have no value if there
was a complete breakdown in government and society. Barter for real
goods and services would be the new coin. Gold only has value if
people believe it has value, the same as with our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic
Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable goods
and services.

What's the smallest denomination you can buy these days?

I have no idea. I just buy Krugerrands and Canadian Maple Leafs in the one
troy ounce of gold size, but I think you can buy Krugerrands in 1/10th
ounce and other sizes. The Maple Leafs are "purer," if you will. Both are
recognized and accepted anywhere. The face value is not really relevant,
just the weight in troy ounces. I started "collecting" them in 1992, when
they became "legal" again.

Try
www.monex.com if you want to learn a bit about gold, silver and other
"valuable" metal coins.



Never mind.



You ask a question about coin denominations, I tell you a spot where you
can find some answers, and your response is "never mind"? Curious.