One which a may agree with, but what happens when you get a crypto currency backed by gold? eg. One Gram which comes live in a couple of months? Best of both worlds?
Probably will be the topic of a future article/video. I've checked out One Gram as well, and I might buy a gram or two. It's better than a government created one, and it might be better than a non-backed crypto. Although, cryptos should be decentralized, and OneGram requires a level of centralization, since the gold is stored in a vault. It still requires a certain amount of trust as well, trust that they have all of the gold they say they have.
Very interesting article/video. Really made me think a little outside the box especially when it comes to the word trust associated with our government. You know me I don't trust them in the least XD lol
I remember overpopulation fears, the '70's? There's enough precious metals for this to work for everybody. Gold, Silver and Copper. Yeah copper too. Even though I believe the penny is obsolete. Maybe copper nickles.
With this belief, all metals would be at true market value. I can see Gold over $5,000 an ounce and Silver over or close to $500 an ounce.
Paper Gold and Silver certificates can work too, on a yearly independent audit of a Government's so called PM's supply.
It can work.
Great video mate found it hard to disagree with any of the information, but I think something has to change they should not be allowed to keep doing what they have been doing putting us all and the future generations in constant debt who knows what the answer is . Great article thanks
A good read, thank you.
One which a may agree with, but what happens when you get a crypto currency backed by gold? eg. One Gram which comes live in a couple of months? Best of both worlds?
Probably will be the topic of a future article/video. I've checked out One Gram as well, and I might buy a gram or two. It's better than a government created one, and it might be better than a non-backed crypto. Although, cryptos should be decentralized, and OneGram requires a level of centralization, since the gold is stored in a vault. It still requires a certain amount of trust as well, trust that they have all of the gold they say they have.
Agreed, again. If you don't hold it, you don't own it. At some point you may have to trust someone.
haven't heard of one gram I don't think. I'll buy a gram . lol
Is it really backed by a gram of gold? Do you pay melt? premiums? I'm interested.
Very interesting article/video. Really made me think a little outside the box especially when it comes to the word trust associated with our government. You know me I don't trust them in the least XD lol
Haha right? I don't know the definitive answer, but in the mean time, I'll be my own bank.
Nothing like being your own bank.
Goverment love paper.
People must keep money Gold to themselfs.Became y own bank.
This ☝
I remember overpopulation fears, the '70's? There's enough precious metals for this to work for everybody. Gold, Silver and Copper. Yeah copper too. Even though I believe the penny is obsolete. Maybe copper nickles.
With this belief, all metals would be at true market value. I can see Gold over $5,000 an ounce and Silver over or close to $500 an ounce.
Paper Gold and Silver certificates can work too, on a yearly independent audit of a Government's so called PM's supply.
It can work.
Great video mate found it hard to disagree with any of the information, but I think something has to change they should not be allowed to keep doing what they have been doing putting us all and the future generations in constant debt who knows what the answer is . Great article thanks
very good article, thx silverfortune. it's makes me stop and think...