Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
lordquanta
on 18/10/2017, 14:15:35 UTC
@realroach, gold is not divisible into microtransaction size units for spending. That is one of the reasons it is no longer suitable for where we are headed with the Internet and a global information highway.

Higher entropy systems means systems where there is more diversity and more uncertainty over specific outcomes. If that is your definition of complexity, then I am sorry to inform you that the Second Law of Thermodynamics dictates the entropy of the universe trends to maximum.

It’s ok to have a little bit of gold. But crypto is going to out perform by orders-of-magnitude. And I no longer see any point whatsoever to silver as monetary instrument.

Peak oil and peak resources is nonsense propaganda the Zionists have planted to fool you. OPEC can’t even make an agreement and Saudi Arabia is preparing to sell their oil as an IPO.
Metals being used as store of value. Gold, silver, copper were used as currency. Over the period of time the value of these metal surpassed the value they supported in form of coin. That is a silver coin of legal tender value 1 dollar was underpriced. Anyone melting that silver coin could fetch more value from the metal. Internet banking is more profitable for banks as for them it is better manageable. Without even liquidating assets or currency they juggle the amount from one account to other. Basic banking works on very principle that out of 1000 people operates their account only 4 or 5 will ask for cash or withdraw in cash. Most of the time people will put their money in bank and then bank will use that money to lend to other person at higher interest rate.
Time to invest in the metal is long gone. This is the era of crypto currency.