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Thread: Hi Ho Silver Away

  1. #1
    Politics.ie Member Oreo Livermore's Avatar
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    Default Hi Ho Silver Away

    The Silver Bear Cafe


    This news is self explanatory.

    Take carefull note of this sentence


    "But since states aren't allowed to mint their own money, the value of the silver medallion will have to fluctuate according to market forces"





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  2. #2
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    Quote Originally Posted by Oreo Livermore View Post
    The Silver Bear Cafe


    This news is self explanatory.

    Take carefull note of this sentence


    "But since states aren't allowed to mint their own money, the value of the silver medallion will have to fluctuate according to market forces"
    - Just imagine, we could make peat medallions

  3. #3
    Politics.ie Member Oreo Livermore's Avatar
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    Not a bad idea at all. Sure beats the millions John Gormley spent on carbon credits.

    How is the global warming back there. I remember snow in the 80s, long since a thing of the past now


    ]





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    Quote Originally Posted by Oreo Livermore View Post
    The Silver Bear Cafe


    This news is self explanatory.

    Take carefull note of this sentence


    "But since states aren't allowed to mint their own money, the value of the silver medallion will have to fluctuate according to market forces"





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    If I was in Idaho, I'd pay my taxes with Dollars and I'd keep the silver medallions.

  5. #5

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    Silver is more undervalued than gold, going by the old ratios that existed before Fiat currency turned us into slaves.
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    Politics.ie Member Oreo Livermore's Avatar
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    It is brilliant news. As people see the medallians rise in value the will hoard them.

    Gresham's Law will kick in.

    Bad money chases out good


    Mexico and Peru have thought about silver backed currencies




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    Politics.ie Member seabhcan's Avatar
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    Quote Originally Posted by Oreo Livermore View Post
    It is brilliant news. As people see the medallians rise in value the will hoard them.
    Hoarding something doesn't turn it into currency. Currency is something exchanged in trade.

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    Politics.ie Member rhonda15's Avatar
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    A bill to allow citizens to pay their taxes with silver medallions gains support. Goldbugs are watching closely.

    With only one state representative dissenting, the Idaho House State Affairs committee voted on Monday to endorse HB 633, a bill that would allow Idaho citizens to pay their state taxes with an official state silver medallion.

    The Silver Bear Cafe

    this will be a big deal if it passses
    "The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.'' ~ J. Edgar Hoover http://tiny.cc/b2jo9

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    Politics.ie Member Oreo Livermore's Avatar
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    Be quiet Seabhan, I have every boghole in the home place planted with a small plastic bag containing 20 ounces of gold that I paid 6000 dollars for.


    I will exchange each, in trade, for a house. Coming up on 10 years but I will not need to wait much past this summer now will I.

    Havn't forgotten myself either. If Peter Michaels in Galway still exists I will by it. Last time I was there drinking cider there were a few hookie-dookies up stairs.



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    Politics.ie Member Pauli's Avatar
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    Quote Originally Posted by Cassandra Syndrome View Post
    Silver is more undervalued than gold, going by the old ratios that existed before Fiat currency turned us into slaves.
    +1. Going on the historical relationship between the two, you are right. We are, however, in a strange place in strange times.
    Fianna Fail - The Loss of Sovereignty Party.

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