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Re: are U.S. gold reserves still valued at only $42 an ounce
I'll take a wild gamble and bid $42.23! ;) (View Post)2 -
Re: Would the price of gold collapse if we had a default on our national debt
It's not a transfer of wealth, it's a transfer of debt to the American public. Only 25% of the annual interest paid on the national debt is returned to private individuals in the US. Much of the rest… (View Post)1 -
Re: Would the price of gold collapse if we had a default on our national debt
The public didn't care when U.S. notes circulated freely alongside Federal Reserve notes, so I doubt that they would care now. The continued use of debt-based money will require a continuous and subs… (View Post)1 -
Re: Would the price of gold collapse if we had a default on our national debt
But wouldn't a newly printed $100 U.S. Note have the same inflationary effect as a newly printed $100 Federal Reserve Note? (View Post)2 -
Re: Coins with Greatest Liquidty
For coins whose numismatic value is at least 5x the bullion value, my choice for most liquid would be uncirculated Carson City Morgan dollars. (View Post)3