Re: Martin Armstrong Discussion

Quote from: r0ach on January 20, 2017, 04:49:03 AM

Quote from: STT on January 19, 2017, 03:32:34 PM

Gold I accept but silver is industrial and varies more over time and has less advantage over bitcoin and its own variance.

I wrote an entire page for why I consider your statement wrong, that "only gold" is money:

The r0ach report vol 8: The real fundamentals involving gold, silver, and copper as money

http://steemit.com/money/@r0achtheunsavory/the-r0ach-report-vol-8-the-real-fundamentals-involving-gold-silver-and-copper-as-money

A blogger I know knows various people from E Europe (Romania and Yugoslavia). At least two of these guys went through hyperinflation in the 1990s (or so). Neither reported that silver (or even gold) was accepted as currency.

US dollars and German marks only.

I have real doubts -- barring a TEOTWAWKI/The Road -- that silver will ever again be "money".

But, I will go visit your r0ach report vol. 8, it sounds like something not to be missed...

EDIT: Not a bad effort r0ach. Moi? I am still in the gold-only camp as being the best wealth-preserver, but I do hold some Pt, a small amount of Ag, and tiny amounts of Pd and Ir -- mostly because I like metals.