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How do you think Fedcoin would impact gold and silver prices?

thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭
in Precious Metals

Any thoughts?

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    BaleyBaley Posts: 22,658 ✭✭✭✭✭

    Some will say that everything -all facts and all news -- drives up gold and silver prices.

    If it doesn't, well they They manipulated the prices down.

    Liberty: Parent of Science & Industry

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    jmski52jmski52 Posts: 22,376 ✭✭✭✭✭

    There's simply nothing like an all-intrusive Big Brother hanging around to evaluate every single transaction and move that you make.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭

    What the heck is Fedcoin?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    MsMorrisineMsMorrisine Posts: 32,203 ✭✭✭✭✭

    https://www.reuters.com/article/us-usa-fed-brainard/fedcoin-the-us-central-bank-is-looking-into-it-idUSKBN1ZZ2XF

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    blitzdudeblitzdude Posts: 5,453 ✭✭✭✭✭

    The bigger question is: "Will it cause the Comex to finally implode?"

    The whole worlds off its rocker, buy Gold™.

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    BaleyBaley Posts: 22,658 ✭✭✭✭✭

    If there is a Fed in it, then it will cause hyperinflation..

    If there is gov.com in it, They will know my secrets..

    Liberty: Parent of Science & Industry

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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭

    So its something that doesnt exist. Kinda like a silver millionaire. That was too easy. I crack myself up. Must be a sign of some mental illness. Lol

    Seriously though....i wouldnt spend more than a nanosecond thinking about it.

    Just keep on stacking.....stacking whatever you prefer.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    MsMorrisineMsMorrisine Posts: 32,203 ✭✭✭✭✭

    @blitzdude said:
    The bigger question is: "Will it cause the Comex to finally implode?"

    we should take stock of the situation

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    Thanks for the comments so far.

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    DNADaveDNADave Posts: 7,239 ✭✭✭✭✭

    @cohodk said:
    So its something that doesnt exist. Kinda like a silver millionaire. That was too easy. I crack myself up. Must be a sign of some mental illness. Lol

    Seriously though....i wouldnt spend more than a nanosecond thinking about it.

    Just keep on stacking.....stacking whatever you prefer.

    Agree. Keep stacking metals. I do need to organize this stack

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    PerryHallPerryHall Posts: 45,423 ✭✭✭✭✭

    @DNADave That's a lot of ammo there. I hope you never have a house fire. :o

    Worry is the interest you pay on a debt you may not owe.

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    thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    @DNADave said:

    That's awesome.

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    blitzdudeblitzdude Posts: 5,453 ✭✭✭✭✭

    @cohodk said:
    So its something that doesnt exist. Kinda like a silver millionaire. That was too easy. I crack myself up. Must be a sign of some mental illness. Lol

    Seriously though....i wouldnt spend more than a nanosecond thinking about it.

    Just keep on stacking.....stacking whatever you prefer.

    Silver millionaire? When the Comex finally implodes this @derryb is gonna be a fiat billionaire.

    The whole worlds off its rocker, buy Gold™.

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    blitzdudeblitzdude Posts: 5,453 ✭✭✭✭✭
    edited July 14, 2020 6:41PM

    @MsMorrisine said:
    https://www.reuters.com/article/us-usa-fed-brainard/fedcoin-the-us-central-bank-is-looking-into-it-idUSKBN1ZZ2XF

    Looks like another Blythe Masters sighting. She went from pumping JPM silver to fedcoinz. lol

    The whole worlds off its rocker, buy Gold™.

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    derrybderryb Posts: 36,203 ✭✭✭✭✭

    @blitzdude said:

    Silver millionaire? When the Comex finally implodes this @derryb is gonna be a fiat billionaire.

    fiat is good. . . for now.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    derrybderryb Posts: 36,203 ✭✭✭✭✭

    Fedcoin? just another keystroke.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    LukeMarshallLukeMarshall Posts: 1,911 ✭✭✭✭✭

    Fedcoin may possibly end the Fed unless they simultaneously ban all other crypto.

    If I have the choice between a myriad of other crypto’s some of which can seamlessly be transferred one for another (atomic swap), some of which are truly anonymous and not tied to an aging corrupt institution well...

    It's all about what the people want...

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Looks like the initial steps to controlling the digital currency market... Establish Fedcoin, then a brief period allowed to convert all others before making them 'illegal'... Not sure how that would be accomplished, but surely an objective. Not going to worry about it... long way in the future. Cheers, RickO

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    DNADaveDNADave Posts: 7,239 ✭✭✭✭✭

    Would it be any better if states had their own state coin? National currency? Something backed by than faith in the government?

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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭

    @DNADave said:

    30-06 is the only long gun? Wheres the 3.5" 12ga 00 buck?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    derrybderryb Posts: 36,203 ✭✭✭✭✭

    @cohodk said:

    Wheres the 3.5" 12ga 00 buck?

    Within reach.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    LukeMarshallLukeMarshall Posts: 1,911 ✭✭✭✭✭

    @DNADave said:

    Folgers 100% Colombian,, I can respect that

    It's all about what the people want...

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    blitzdudeblitzdude Posts: 5,453 ✭✭✭✭✭

    @derryb said:

    @cohodk said:

    Wheres the 3.5" 12ga 00 buck?

    Within reach.

    Nice. What's in all those green boxes? Cans of beans?

    The whole worlds off its rocker, buy Gold™.

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    thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    @derryb is that a bandolier, I assume, or a belt?

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    TwoSides2aCoinTwoSides2aCoin Posts: 43,845 ✭✭✭✭✭


    Stack in the balance.

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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭
    edited July 15, 2020 8:36PM

    @derryb said:

    @cohodk said:

    Wheres the 3.5" 12ga 00 buck?

    Within reach.

    You aint shootin 3.5" 00 with that.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    derrybderryb Posts: 36,203 ✭✭✭✭✭
    edited July 15, 2020 10:18PM

    @cohodk said:

    You aint shootin 3.5" 00 with that.

    I will if have to. There's a long single shot 12 ga. on the right in front of the beans. Twas my granpappy's.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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