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Why barter using PMs at this time?

tneigtneig Posts: 1,505 ✭✭✭
I've seen some barter ads on craigslist or here or there. Work for Silver or gold. Trade for ... Selling for silver... etc.

To me, I'd rather just use regular money to keep it simple, unless the exchange in the deal was very good for me.

Some guy is offering Firewood for Silver. Ok, if I got $60 worth of wood for a $30 coin, but other than that, I don't want to
give up my silver. I bought it for the future. I can see doing fair trades for collection pieces that each other want, say here
on the forums. But not too much purpose elsewhere.

I mean on private deals between people, there is generally no tax or fees. So unless there was a bit dip in the spot
of a PM at the time of the deal, why? Other than being able to keep deals private....
COA

Comments

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    As long as almost everyone takes cash money, barter is a novelty, reserved for folks who have the exact type and amount of some non-cash item as someone else, who is also open to a trade.

    yes, silver and gold coins are the next best thing to twenties, fiftys, and hundreds, but they are way distant and poor substitutes for everyone except readers of this forum image

    Liberty: Parent of Science & Industry

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    you are on the right track with your thinking
  • Beware craigslist offer to work for precious metals adds. Might be someone looking for a hoard score without any work involved.... just saying.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • Could also be a way to get the sheeple used to the idea and start looking into PMs.
  • derrybderryb Posts: 36,790 ✭✭✭✭✭
    could be people are starting to wake up.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    I had one of the neighbors kids that was looking to earn Summer spending money, a 15 year old girl, do some painting of our porch railings...tedious work that my hands just don't want to do anymore. I offered her $X in cash or the equivilant in silver. She has been around our house alot playing with our daughter for many years, so she knows the value of silver, she and my daughter have helped me sort thru 90% many times.
    She wanted 2/3 of her earnings in cash and 1/3 in silver (just common stuff of course), so that's what she got. image
    Nice to see even kids coming around to the idea of it not just being something pretty to wear or look at. She completely understands the value of it and how it can be used as an investment.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭


    << <i>Beware craigslist offer to work for precious metals adds. Might be someone looking for a hoard score without any work involved.... just saying. >>



    I had the same thought.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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