SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (6920)11/18/2002 3:35:33 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Moom...that's an interesting response, on several levels.

Here in the U.S., we haven't yet resorted to the barter system whereby material goods (i.e., art) are a negotiable substitute for cash....and yes, "American wealth" which many people seem to discount today (thinking all boomers and younger people are heavily in debt or downright poor) has much to do with capital accumulation by previous generations.

LOL....I've been thinking lately we should all invest in scrap gold from jewelry and/or old silver coins--those may be the only things we can trade for passage to another state or another country, if we need to evacuate. <g>

And these days, stocks are only "saleable and transferable", as you say, when they attract a buyer. Hey, are those stocks paying a dividend? If not, I'm not interested. <g>