85
() Q-incidence!
posted ago by TheQStrategy ago by TheQStrategy +86 / -1
Comments (19)
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Mount_10_ear 5 points ago +5 / -0

Gold is the money of kings, Silver is the money of gentlemen, Barter is the money of peasants , Debt is the money of slaves. Norm Franz

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rooftoptendie 3 points ago +3 / -0

color me interdasted.

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heisthestorm 2 points ago +2 / -0

If you hold physical gold or silver you will be a beneficiary of the greatest wealth transfer this world has ever, or will ever see.

If Crypto is going to be a part of the future it is the application of it itself, of some form. Q talks about the constitution as written, “only gold and silver shall be money”. Crypto as an application (and a good one) it has to be backed by gold and silver.

No matter the vehicle, gold and silver are the money.

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Stray_Dog 1 point ago +2 / -1

What if I only have about 300 dollars worth of physical lol

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Dogelog 2 points ago +2 / -0

Welcome to the club of 11.6%

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redtoe-skipper 1 point ago +2 / -1

That is a good question.

Just consider that amount times 150.

Happy?

And maybe you can make a deal with others to buy together, to save additional costs.

One option though remains open. When a piece of silver or gold is tokenized and certified, and used in a combined system, meaning you can pay with those tokens or request physical delivery.

The Constitution does in deed say: only gold and silver shall be money -

No state shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts. ~ Art. I, sec. 10, cl. 1.

NO STATE!

However, what you as an American, having reserved all non enumerated rights, use as money in payment of debts, that is your prerogative based on contract.

When Powell says: BTC is a currency in competition with the FRN, he is actually saying, we are going to curb your right to use your own currency.

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Warren_Puffitt 2 points ago +2 / -0

Stacking shiny metal - that's me. 200oz AG, 8.1oz AU (so far). My financial advisor told me just yesterday to quit - too volatile, may upset my wealth balance, crypto better. Hahaha Warren's MONEX button finger goes brrrrrrrr.

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Lupinate 1 point ago +1 / -0

Looking at my next large buy end of month if there is any left. Several hundred oz now. Only half an oz of gold bullion tho

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redtoe-skipper 0 points ago +1 / -1

Too volatile?

Now there is a knowledgeable man. WFT. Could you ask him to show a volatility comparison?

I mean, if you entered crypto this year, you were witnessing first hand a volatility of 40% - 50% in a very short time.

Spot price ...... not even close ....

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WuTangFlu2020 1 point ago +1 / -0

Explain to me like I’m 5 how we went from gathering nuts n berries to digging up precious metals as a form of value.

What is it that makes Gold valuable?

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Gold-Eyed-Cat 3 points ago +3 / -0

All gold comes from the death of neutron stars. (Or supernova events.)

 

A neutron star is the collapsed core of a massive supergiant star. Neutron stars pack one-and-a-half times the mass of the sun into a ball only 10 miles across. A teaspoon of material from their surface would weigh 10 million tons. Many stars in the universe are in binary systems – two stars bound by gravity and orbiting around each other. A pair of massive stars might eventually end their lives as a pair of neutron stars. The neutron stars orbit each other for hundreds of millions of years. But Einstein says that their dance cannot last forever. Eventually, they must collide.

 

This stellar explosion creates gold.

 

I love it when people talk about how the value of gold will crater when we begin mining gold on the floor of the ocean or on asteroids. Right now the price of gold barely covers the all in cost of digging a hole in the ground, refining it, and minting into a bar or coin. What will deep sea or space mining cost? Heh!

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deleted 2 points ago +2 / -0
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pnwhomebrewer 2 points ago +2 / -0

This. When you hold Gold or Silver in your hand something about it just screams “this is worth something”.

I gave my friend 4 silver rounds and a $100 bill to hold and asked which one feels more valuable? He said the 4 silver rounds of course. This got him to start picking up 5-10oz of silver every pay check. He’s nearing 100oz. Proud of him.

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HBalzanya69 1 point ago +1 / -0

Intrinsic value through widespread usefulness in many industries. Couple that with the fact that it can't be replicated in a lab and you have a recipe for an agreeable store of wealth. That and it's nice to look at.

1
Woodinleg 1 point ago +1 / -0

Silver is highly useful. It is used in industry, film, medicine, electronics and more: it has powerful antibiotic properties. I dealt in PMs for a few years and at the time it was estimated that a third of all silver ever mined is used and can not be effectively recovered. It also kills werewolves. Gold has many special properties. It has a durability which makes it almost indestructible, only aqua regia disolves it. It is very maleable; an ounce can be hammered so that it can cover a tennis court. Precious metals, unlike paper, can not me fabricated out of thin air and destroy the accumulated wealth of a nation.

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WuTangFlu2020 1 point ago +1 / -0

I’m a chemist. I’m well aware of the usefulness of gold and silver. But all of those uses were relevant AFTER someone dug it up and refined it.

I know this is a “chicken or egg first” question but it does bring up what event or person was like, “you need this useless heavy brick of shiny caveman”.

Honestly the person linking precious metals to occult practices seems most feasible. Are there any mythological stories about this? I’m science not history.

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Shady19 1 point ago +1 / -0

Best place to get physical silver and or gold?

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deleted 1 point ago +1 / -0