Comments for Silver Bars Direct http://silverbarsdirect.org Discussions About US Monetary Policy & Protecting Your Wealth Mon, 10 Oct 2011 04:10:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on HyperInflation In The US: Possibility Or Reality? by Rich http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-130 Rich Mon, 10 Oct 2011 04:10:03 +0000 http://silverbarsdirect.org/?p=20#comment-130 Amazing video and article, thank you for sharing. Let it burn...2, 3 years later rebuild it strong. That's the path America should follow if they are really serious about getting out of their current situation. Amazing video and article, thank you for sharing.

Let it burn…2, 3 years later rebuild it strong. That’s the path America should follow if they are really serious about getting out of their current situation.

]]> Comment on Silver To Hit $100 Per Ounce by Rich http://silverbarsdirect.org/silver-to-hit-100-per-ounce/comment-page-1/#comment-129 Rich Wed, 05 Oct 2011 03:40:51 +0000 http://silverbarsdirect.org/?p=160#comment-129 Well, I certainly hope silver will reach $100 per ounce but I guess this won't be happening any time soon with so much volatility on current markets. Well, I certainly hope silver will reach $100 per ounce but I guess this won’t be happening any time soon with so much volatility on current markets.

]]> Comment on Can China Affect Gold Prices? by Alexia Whitehead http://silverbarsdirect.org/can-china-affect-gold-prices/comment-page-1/#comment-128 Alexia Whitehead Thu, 28 Jul 2011 10:14:37 +0000 http://silverbarsdirect.org/?p=97#comment-128 By the way this feed was shared by Christian Dillstrom - you must be doing a superb job as mobile & social media marketing virtuoso is pointing towards you. By the way this feed was shared by Christian Dillstrom – you must be doing a superb job as mobile & social media marketing virtuoso is pointing towards you.

]]> Comment on Gold Hits New High by michael http://silverbarsdirect.org/gold-hits-new-high/comment-page-1/#comment-68 michael Fri, 14 May 2010 00:35:54 +0000 http://silverbarsdirect.org/?p=142#comment-68 Almost anything can (and probably has been!) used for ‘money’ as a medium of payment. So, why is gold in particular associated with coinage and money? Why is gold such a universally recognised and accepted standard of value? Gold is portable – Unlike many other commodities, gold is also relatively portable; gold can be melted down or cut into smaller pieces, though it does have limitations when it comes to everyday transactions…the amount of gold needed to pay for a loaf of bread is not only very difficult to cut and weigh, it would be so small that it would get lost easily lost! So, while gold buyers can not use gold in everyday transactions, gold buyers can always sell gold for its equivalent value in notes. Gold does not degrade – Gold can be stored or hidden without fear that it will rot, rust, or be eaten by termites. Gold buyers can be certain that if they buy gold for investment, it will not depreciate physically. Gold is durable – Gold is not destroyed by floods, fires, famine, or other natural disasters. Gold buyers can be confident that any gold will withstand just about anything! Gold is divisible – Unlike investments of property and other commodities, gold can be melted into various forms and weights when required. Gold purity or gold standard is uniform – Gold has a ‘standard’ unit of value, gold purity by gold weight. One ounce of pure gold is always one ounce of pure gold, unlike, for example, one carat of diamonds which are of variable quality and thus variable value. Perhaps the most vital factor to the acceptance of gold as money is that the standard of gold purity can be can be guaranteed and maintains its value; in other words, gold buyers can be confident that they can sell gold for near equal value in the future. Almost anything can (and probably has been!) used for ‘money’ as a medium of payment. So, why is gold in particular associated with coinage and money? Why is gold such a universally recognised and accepted standard of value?

Gold is portable – Unlike many other commodities, gold is also relatively portable; gold can be melted down or cut into smaller pieces, though it does have limitations when it comes to everyday transactions…the amount of gold needed to pay for a loaf of bread is not only very difficult to cut and weigh, it would be so small that it would get lost easily lost! So, while gold buyers can not use gold in everyday transactions, gold buyers can always sell gold for its equivalent value in notes.

Gold does not degrade – Gold can be stored or hidden without fear that it will rot, rust, or be eaten by termites. Gold buyers can be certain that if they buy gold for investment, it will not depreciate physically.

Gold is durable – Gold is not destroyed by floods, fires, famine, or other natural disasters. Gold buyers can be confident that any gold will withstand just about anything!

Gold is divisible – Unlike investments of property and other commodities, gold can be melted into various forms and weights when required.

Gold purity or gold standard is uniform – Gold has a ‘standard’ unit of value, gold purity by gold weight. One ounce of pure gold is always one ounce of pure gold, unlike, for example, one carat of diamonds which are of variable quality and thus variable value. Perhaps the most vital factor to the acceptance of gold as money is that the standard of gold purity can be can be guaranteed and maintains its value; in other words, gold buyers can be confident that they can sell gold for near equal value in the future.

]]> Comment on Gold Prices by Why Should You Care About Venezuela’s Currency Devaluation? | Top Equity News http://silverbarsdirect.org/gold-prices-buy-gold-bars/comment-page-1/#comment-55 Why Should You Care About Venezuela’s Currency Devaluation? | Top Equity News Tue, 26 Jan 2010 09:43:20 +0000 http://silverbarsdirect.org/?page_id=46#comment-55 [...] article by Dominic Frisby in MoneyWeek about Venezuela’s currency devaluation its relation to gold prices. Gold bugs are forever telling you to buy gold because it is ‘nobody else’s [...] [...] article by Dominic Frisby in MoneyWeek about Venezuela’s currency devaluation its relation to gold prices. Gold bugs are forever telling you to buy gold because it is ‘nobody else’s [...]

]]> Comment on HyperInflation In The US: Possibility Or Reality? by Jarod http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-44 Jarod Sun, 15 Nov 2009 10:55:30 +0000 http://silverbarsdirect.org/?p=20#comment-44 It is not a question about IF "HyperInflation In The US: Possibility Or Reality?" It is q question on WHEN it is going to happen....? Just search google for FIAT money and you will see why. The other thing is why does some of the biggest oil countries in the world make a agreement about how to get away from the US dollar? Meaning they want to get paid for the oil in Euro, Chinese or Japanese currency or gold?? There is a very clear picture, time will show us when it´s happening. Because this process is ongoing NOW! And this is not to pessimistic, it is just facts!!! Best regards: <a href="http://moneymaking123education.blogspot.com/" rel="nofollow">Money Making 123</a> Here you can find more "bitching" about the Economy and Financial Education! It is not a question about IF “HyperInflation In The US: Possibility Or Reality?” It is q question on WHEN it is going to happen….? Just search google for FIAT money and you will see why. The other thing is why does some of the biggest oil countries in the world make a agreement about how to get away from the US dollar? Meaning they want to get paid for the oil in Euro, Chinese or Japanese currency or gold?? There is a very clear picture, time will show us when it´s happening. Because this process is ongoing NOW! And this is not to pessimistic, it is just facts!!!

Best regards:
Money Making 123

Here you can find more “bitching” about the Economy and Financial Education!

]]> Comment on Gold At $5,000 Per Ounce? by Jarod http://silverbarsdirect.org/gold-at-5000-per-ounce/comment-page-1/#comment-43 Jarod Sun, 15 Nov 2009 10:21:13 +0000 http://silverbarsdirect.org/?p=8#comment-43 Wow, the US of A is going to a place it has never been in history. You have some nice posts here at your blog/website. I´ll be back to check it out later. I also guess you are doing some IM. Good work! Wow, the US of A is going to a place it has never been in history. You have some nice posts here at your blog/website. I´ll be back to check it out later. I also guess you are doing some IM. Good work!

]]> Comment on India Dumps Dollars – Buys Gold by Gold Breaks $1,100: Does It Matter? | Stocks and Sectors http://silverbarsdirect.org/india-dumps-dollars-buys-gold/comment-page-1/#comment-42 Gold Breaks $1,100: Does It Matter? | Stocks and Sectors Tue, 10 Nov 2009 17:36:02 +0000 http://silverbarsdirect.org/?p=111#comment-42 [...] settling just under that number. Apparently the Indian government decided to sell US dollars and make a 200 ton gold purchase from the IMF, which created the spike in gold prices. Right now, the spot price for the yellow [...] [...] settling just under that number. Apparently the Indian government decided to sell US dollars and make a 200 ton gold purchase from the IMF, which created the spike in gold prices. Right now, the spot price for the yellow [...]

]]> Comment on HyperInflation In The US: Possibility Or Reality? by Just Another Person http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-27 Just Another Person Thu, 22 Oct 2009 07:37:32 +0000 http://silverbarsdirect.org/?p=20#comment-27 @ Curtis It would be possible to do so. However I do not play down any aspect of the human nature and any commercial growing of agriculture is going to have to be policed, as any collapse will result in a police state. You could grow your own food supply, which would be a great bet, but you would have to grow enough, and keep it secret from others. Its hard to keep hungry people in a desperate state from food if they cannot manage to get any on their own. (If you don't believe that you may want to look into East German Citizens reverting to eating corpses of the dead during the Soviet occupation, yikes). Always best to imagine the worst, and over prepare. In that case get a nice plot of land grow some food, and get some diary cows. Also. Gold is your best bet to. If the gold:silver ratio is going to go 1:16, Buy gold. Doing anything other than that in a hyperinflation state is letting your money rot away. Buy gold, and get some cows. @ Curtis

It would be possible to do so. However I do not play down any aspect of the human nature and any commercial growing of agriculture is going to have to be policed, as any collapse will result in a police state.

You could grow your own food supply, which would be a great bet, but you would have to grow enough, and keep it secret from others. Its hard to keep hungry people in a desperate state from food if they cannot manage to get any on their own. (If you don’t believe that you may want to look into East German Citizens reverting to eating corpses of the dead during the Soviet occupation, yikes).

Always best to imagine the worst, and over prepare.

In that case get a nice plot of land grow some food, and get some diary cows.

Also. Gold is your best bet to. If the gold:silver ratio is going to go 1:16, Buy gold. Doing anything other than that in a hyperinflation state is letting your money rot away. Buy gold, and get some cows.

]]> Comment on China To US: “We Hate You, We Hate You” by Chris Weber http://silverbarsdirect.org/china-to-us-we-hate-you-we-hate-you/comment-page-1/#comment-8 Chris Weber Wed, 23 Sep 2009 18:36:39 +0000 http://silverbarsdirect.org/?p=17#comment-8 One exception to the global ignorance of gold as money is China. This nation is mounting campaigns to educate their citizens about the value of buying gold and silver. China is the world's biggest producer of steel. It is also the world's biggest producer of gold. The steel, it mostly exports. All the gold, it keeps. Pretty much all the good thinking about gold as money being done today is taking place in Europe, in Asia, and in the Middle East. In America, sound thinking about money is still regarded as an activity engaged in by fringe groups. One exception to the global ignorance of gold as money is China. This nation is mounting campaigns to educate their citizens about the value of buying gold and silver.

China is the world’s biggest producer of steel. It is also the world’s biggest producer of gold. The steel, it mostly exports. All the gold, it keeps.

Pretty much all the good thinking about gold as money being done today is taking place in Europe, in Asia, and in the Middle East. In America, sound thinking about money is still regarded as an activity engaged in by fringe groups.

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