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Re: Congratulations to gold - New all time highs! $5600+!!!
No. The Fed raises the short term rates to prevent the idiotic "teaser" rate garbage. Borrowers would still be borrowing at rates that are coupled to the ten-year Treasury bond. Also, the F… (View Post)2 -
Re: Gold and Silver Legal Tender in Florida
Perhaps the correct way of conducting commerce using specie is to price the goods and services in grains or grams of metal. That's how the U.S. dollar to be defined, as a specific quantity of si… (View Post)1 -
Re: Is platinum now a better buy than gold?
I'm gnashing my teeth as I had finally dipped a toe into increasing my platinum holdings yesterday. :smile: I'm not panicking but I am well aware that the price of PPLT trades at a premium … (View Post)1 -
Re: Central Banks are now the No. 1 Buyer of Gold in the World
I participated in an economics discussion forum for a long time during the 2000s and we had discussed this matter in great detail. At the time of the discussions, it was concluded that gold is held a… (View Post)5 -
Re: Denomination most used as a screwdriver.
I guess this thread is asking about using a coin in a pinch when a screwdriver is needed by not on hand. In my experience, there are actual screws designed to be opened using a nickel so my response … (View Post)1