Bob, Try thinking outside of The Box.[aka oldsheetlinks]
Message from Bob Johnson Aug 1, 2001 > pile of gold is now coming as a byproduct of copper It is much worse for silver, with Antamina coming online and with Mexico and Peru increasing their output.
Now Bob, imagine Mexico creates a form of money to supplement their paper and non precious coins, being silver coinage. Now add Russia's same approach using gold coinage.
Now Bob, how does this impact supply & demand?
Imagine Bob, today a person in Mexico or Russia places a paper fiat currency or copper coin of their country into a safe box and hides it into the deep dark spooky woods next to the tallest tree.
ok, each day inflation eats away at it. or place in the saving bank account it will be eaten away but not at the same high rate. or replace that funny money of paper or copper with yessssssssssssss silver or gold coins which are, unlike fiat paper and copper, stores of value yesssssssssssssss and each day under the dirt in the spooky woods next to tallest tree the value of coins can remain the same no inflation can decrease in value, just like fiat or increase in value, greater than face value but then might these silver and gold coins have a value based on a silver & gold standard ??? and if their or others nations on planet Earth trash and corrupt fiat currency based on nothing then their coins will increase in value or simply represent real value as in they "buy" more fiat currency as fiat currencies value decrease ok Bob or is this too much supply & demand outside your oldsheets Box ?
duh'ation Bob no wonder you is against gata gate represents not worthless fiat money
You know Bob, is not a question since answer is "no", but there would not be enough deep dark spooky woods next to the tallest tree to keep up with the demand people hiding silver & gold coins so supply of silver and gold "used up" as in outta circulation into them dark spooky woods next to the tallest tree.
ak |