Is your shop prepared for the upcoming barter system?

[netsol]

Oh, my handwriting is a lost cause. Although, you've hit on something that would be marketable. I bet there will be a brisk trade for people who can write well.

Do you mean like the gregorian monks with the BIG first letter?

 

[netsol]

And his sidekick...... tattoo

you are thinking of fantasy island

 

[Johnny Best]

Tonto

 

[VizualVoice]

Tonto

What's Canada got to do with anything?

 

[Bensen]

You’ve really thought this through! It's definitely an interesting topic.

 

[Signarama Jockey]

It fluctuates in value all the time, like everything else. Twelve years ago it was $50/oz and everyone got excited, as if it would never drop in price again. That was around the Sandy Hook era, when everyone went nuts with ammo as well.

Silver is worth more today than it was this time yesterday, last week, last month, 6 months ago, 1 year ago, 5 years ago, 10 years ago and 15 years ago.

 

[Texas_Signmaker]

Our daily silver report from signarama. Sounds like a good investment for you. Might want to jump on game stop and dogecoin.

If you bought $10,000 of silver 15 years ago .. you'd have $22,175
If you bought $10,000 of a Nasdaq ETF (ONEQ) 15 years ago... you'd have $43,401

Good investment advise from signarama.

 

[Gino]

 

[JBurton]

If you bought $10,000 of silver 15 years ago .. you'd have $22,175
If you bought $10,000 of a Nasdaq ETF (ONEQ) 15 years ago... you'd have $43,401

Left out BTC, If you bought $10,000 of bitcoin 15 years ago .. you'd have been the mysterious inventor of blockchain who took the first batch and vanished without a trace.
Looking at historical stock prices and theoretical buy ins is asinine, might as well say if you were king, if you had a million bucks, if pigs could fly, if the hogs could hold it together in the red zone. It just didn't happen!

 

[Texas_Signmaker]

My comparison isn't a single stock or commodity... It's a broad market ETF. About the easiest more boring thing to invest in. If that makes more money than whichever single stock, you're loosing.

 

[Signarama Jockey]

Our daily silver report from signarama. Sounds like a good investment for you. Might want to jump on game stop and dogecoin.

If you bought $10,000 of silver 15 years ago .. you'd have $22,175
If you bought $10,000 of a Nasdaq ETF (ONEQ) 15 years ago... you'd have $43,401

Good investment advise from signarama.

I'm not giving anyone financial advice, and I'm not betting all my chips that silver will go to the moon. But, what I am saying is that silver has a more or less static relative value as a commodity. It is a rare metal, it has practical uses and it is recognized as one of the iconic money metals. The dollar, on the other hand, is cotton and linen with ink on it; the only real value a dollar bill has is what people think it has, and that estimation has been dropping every single year.

You used to be able to buy a pound of butter for a dime in 1925. That dime was 90% silver. Today, a pound of butter will cost you about 6 bucks. This is because as they print more and more dollars, the buying power of all dollars diminishes. Silver, on the other hand, has risen in price (when denominated in dollars). I assert that the real value of a silver dime is still equivalent to the cost of that pound of butter (or near it), and it just looks like it costs more because the value of the dollar has fallen. If I'm right, that would make the true value of the silver in a single Mercury dime worth about $6, which means the true price of silver should be $83 per ounce today. Of course, this is all back of the envelope math; I wouldn't be surprised if I was off by $30 one way or the other. But, I believe that silver is worth a lot more than people think, and I personally believe that we'll see that.

Your ETF has done well - lots of stocks have done well. But, markets crash. I think we are about due for another depression. And when that day comes, I would rather have a pile of silver over a pile of dirty dollar bills or a stock certificate for a bankrupt company. That's my position on things. Take it or leave it.

 

[Texas_Signmaker]

Keep up your strategy signarama. It works for you and that's all that matters.

 

[Gino]

I'm not giving anyone financial advice, and I'm not betting all my chips that silver will go to the moon. But, what I am saying is that silver has a more or less static relative value as a commodity. It is a rare metal, it has practical uses and it is recognized as one of the iconic money metals. The dollar, on the other hand, is cotton and linen with ink on it; the only real value a dollar bill has is what people think it has, and that estimation has been dropping every single year.

You used to be able to buy a pound of butter for a dime in 1925. That dime was 90% silver. Today, a pound of butter will cost you about 6 bucks. This is because as they print more and more dollars, the buying power of all dollars diminishes. Silver, on the other hand, has risen in price (when denominated in dollars). I assert that the real value of a silver dime is still equivalent to the cost of that pound of butter (or near it), and it just looks like it costs more because the value of the dollar has fallen. If I'm right, that would make the true value of the silver in a single Mercury dime worth about $6, which means the true price of silver should be $83 per ounce today. Of course, this is all back of the envelope math; I wouldn't be surprised if I was off by $30 one way or the other. But, I believe that silver is worth a lot more than people think, and I personally believe that we'll see that.

Your ETF has done well - lots of stocks have done well. But, markets crash. I think we are about due for another depression. And when that day comes, I would rather have a pile of silver over a pile of dirty dollar bills or a stock certificate for a bankrupt company. That's my position on things. Take it or leave it.

Are you for real ??

You talk like a 3rd grade level kid and say things which almost everyone who graduated from school already knows, but you...... you're sharing it like it's just been figured out by scholars. You say a dollar bill is just cloth and ink. You pick silver, when even gold is considered more valuable then silver. However, that's only because they can withstand the test of time. Why not use palladium as your base or rhodium ?? Both more valuable than silver or gold.

What it all boils down to, if times ever get so tough we're using silver or gold nuggets for currency, you better stock up on food as ya need more of that than your precious metals. Honey, what's for dinner tonight ?? Oh, I thought I'd make some silver stew with gold gravy. Gold and silver can be melted down, so you can cook them up at night.

I could care less what a single dime bought in england back in 1925. Ya know what a loaf of bread cost in germany before the war ?? Look that up on your google account. You'll fall over.

sign jockey....... you need to look into two things. One is, to get your priorities straight and the other is to get back to work, instead of this nonsense.

 

[Signarama Jockey]

Are you for real ??

Yes.

You talk like a 3rd grade level kid and say things which almost everyone who graduated from school already knows...

So, you already know what I am saying is true. Then, why are you disagreeing with me?

You say a dollar bill is just cloth and ink.

Yes, because that's all it is.

You pick silver, when even gold is considered more valuable then silver. However, that's only because they can withstand the test of time. Why not use palladium as your base or rhodium ?? Both more valuable than silver or gold.

Sure, why not? Commodities are not prone to hyperinflation, because they have to be extracted and refined. It is harder to get an ounce of Silver out of the ground than it is to print a pallet of cash and send it to a country that most Americans can't point to on a map. Silver is more iconic, but any real commodity has a leg up on a dollar bill.

What it all boils down to, if times ever get so tough we're using silver or gold nuggets for currency, you better stock up on food as ya need more of that than your precious metals. Honey, what's for dinner tonight ?? Oh, I thought I'd make some silver stew with gold gravy. Gold and silver can be melted down, so you can cook them up at night.

Well, if we are using silver and gold for currency, then I will use the silver as currency to buy things. That's the point of currency - you trade it for things. You don't eat your cash, do you? How have you gotten this far in life and not understood how currency works?

I could care less what a single dime bought in england back in 1925. Ya know what a loaf of bread cost in germany before the war ?? Look that up on your google account. You'll fall over.

What I did do is looked up the role of silver and gold in Germany after WWI. "Silver prices rose from 12 Deutsche Marks in January 1919, only months following the conclusion of the First World War, to the astronomical sum of 543,750,000,000 Deutsche marks by the end of 1923" People who had silver still had something they could trade to get what they needed, while everyone with Marks had worthless bits of paper.

I think that proves my point.

 

[Gino]

Yes.

Too bad for you, I guess.

So, you already know what I am saying is true. Then, why are you disagreeing with me?

Didn't say what you're saying is true, but already known by the masses. Why the nonsense ??

Yes, because that's all it is.

That was your remark, not mine.

Sure, why not? Commodities are not prone to hyperinflation, because they have to be extracted and refined. It is harder to get an ounce of Silver out of the ground than it is to print a pallet of cash and send it to a country that most Americans can't point to on a map. Silver is more iconic, but any real commodity has a leg up on a dollar bill.

So, what will you do with all your silver once people are actually bartering as you first started out saying ?? Just more nonsense.

Well, if we are using silver and gold for currency, then I will use the silver as currency to buy things. That's the point of currency - you trade it for things. You don't eat your cash, do you? How have you gotten this far in life and not understood how currency works?

That's the whole point...... we won't be using money, you illustrious..... we'll be bartering. More useless nonsense.

What I did do is looked up the role of silver and gold in Germany after WWI. "Silver prices rose from 12 Deutsche Marks in January 1919, only months following the conclusion of the First World War, to the astronomical sum of 543,750,000,000 Deutsche marks by the end of 1923" People who had silver still had something they could trade to get what they needed, while everyone with Marks had worthless bits of paper.

No one at the time had silver, let alone gold, other than their teeth and wedding bands....... other than the Jews. Hence, the eventual Holocaust.

I think that proves my point.

You proved all you can do is google sh!t and regurgitate it out. You have no knowledge of your own from which to pull. You're just a copy & paste kinda person.

Now, please, just go back to work and come up with your routine silly questions.

 

[Boudica]

What happened? I've been too busy at work to follow this mornings nonsense.

 

[Gino]

Not me. This is like the comic section of the Sunday paper. So much to read and it's all funny and goes nowhere. Just burned with the rest of the trash.

 

[Signarama Jockey]

...what will you do with all your silver once people are actually bartering...??

BARTER WITH IT.

That's the whole point...... we won't be using money, you illustrious..... we'll be bartering.

Barter: (verb) to trade by exchanging one commodity for another : to trade goods or services in exchange for other goods or services

You can barter with silver or gold.

Also, you don't know what the word "illustrious" means.

No one at the time had silver, let alone gold, other than their teeth and wedding bands....... other than the Jews. Hence, the eventual Holocaust.

That's not true.

You proved all you can do is google sh!t and regurgitate it out. You have no knowledge of your own from which to pull. You're just a copy & paste kinda person.

Oh, you mean all I do is post arguments and then back them up with facts and sources? You do realize that the only people who are bothered by that are people who just argue out if ignorance, right?

 

[Gino]

Also, I don't think you can comprehend things very well.

I said,
You proved all you can do is google sh!t and regurgitate it out. You have no knowledge of your own from which to pull. You're just a copy & paste kinda person.

 

[Johnny Best]

Since he is a Jockey, he must be of small statue. He will just get his ass kicked and his silver and gold will be taken away from him. Now he will tell us he traded his silver to buy a gun and hire a bodyguard.
And he told me this was all a joke in post #40.
Signarama works for someone, he saves his buy one get one free coupon for a Whopper on date night. He can't afford any silver or gold.