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Thread: Is Silver a Store of Value or a Medium of Exchange?

  1. #1

    Is Silver a Store of Value or a Medium of Exchange?

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  3. #2
    Do you use silver to make purchases?
    Quote Originally Posted by Swordsmyth View Post
    The quality seems to have dropped significantly since I came here, I guess you get what you pay for.
    "There is always a tweet. That has become accepted fact in the Trump presidency: For every pronouncement the President makes, there is at least one tweet from his past that directly contradicts his current view." -CNN

    I am Zippy and I approve of this post. But you don't have to.

  4. #3
    Quote Originally Posted by Zippyjuan View Post
    Do you use silver to make purchases?
    I do . Paid for the last load of gravel on my drive in Peace dollars .
    Do something Danke

  5. #4
    Quote Originally Posted by oyarde View Post
    I do . Paid for the last load of gravel on my drive in Peace dollars .
    Peace Dollars are beautiful coins. The last "good looking" dollar coin the US ever produced.
    Quote Originally Posted by Swordsmyth View Post
    The quality seems to have dropped significantly since I came here, I guess you get what you pay for.
    "There is always a tweet. That has become accepted fact in the Trump presidency: For every pronouncement the President makes, there is at least one tweet from his past that directly contradicts his current view." -CNN

    I am Zippy and I approve of this post. But you don't have to.

  6. #5
    So in summary, silver and gold are not really a medium of exchange*, they are a store of value. Furthermore, Gold and Silver ETFs are now the preferred method of investing in these metals.

    (*Not stated in the video is that there is always the slim possibility of complete currency breakdown ala Zimbabwe or Venezuela, at which point silver and gold could be used as a medium of exchange. Don’t hold your breath waiting for it.)

    IMHO, it seems that we may be heading into another silver spike. Speculation time.
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  7. #6
    Quote Originally Posted by Brian4Liberty View Post
    So in summary, silver and gold are not really a medium of exchange*, they are a store of value. Furthermore, Gold and Silver ETFs are now the preferred method of investing in these metals.

    (*Not stated in the video is that there is always the slim possibility of complete currency breakdown ala Zimbabwe or Venezuela, at which point silver and gold could be used as a medium of exchange. Don’t hold your breath waiting for it.)

    IMHO, it seems that we may be heading into another silver spike. Speculation time.
    Metals do tend to move opposite of what the economy does. And things are slowing down (tax cut benefits fading, tariffs having broader effects).
    Quote Originally Posted by Swordsmyth View Post
    The quality seems to have dropped significantly since I came here, I guess you get what you pay for.
    "There is always a tweet. That has become accepted fact in the Trump presidency: For every pronouncement the President makes, there is at least one tweet from his past that directly contradicts his current view." -CNN

    I am Zippy and I approve of this post. But you don't have to.



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