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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. |
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