Realcent.org

Base Metal & Precious Metals Forum

Skip to content

Fiat Currencies Vs Silver & Gold

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

Fiat Currencies Vs Silver & Gold

Postby reddirtcoins » Tue Oct 08, 2013 7:09 pm

http://goldsilver.com/article/race-to-d ... -and-gold/
"Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold."- Leo Tolstoy
User avatar
reddirtcoins
1000+ Penny Miser Member
 
Posts: 1478
Joined: Tue May 17, 2011 7:19 pm
Location: Oklahoma
Top

Re: Fiat Currencies Vs Silver & Gold

Postby johnbrickner » Wed Oct 09, 2013 3:35 am

Interesting. The fiat to have lost the lease in that time:

Somali Shilling 13,703.43 27,549.63 101%
johnbrickner
Post Hoarder
 
Posts: 2674
Joined: Sat Jan 02, 2010 3:00 pm
Location: Upstate NY
Top

Re: Fiat Currencies Vs Silver & Gold

Postby cupronickel » Mon Oct 14, 2013 9:49 pm

should say 3101%
cupronickel
Penny Pincher Member
 
Posts: 181
Joined: Thu Jul 21, 2011 8:53 pm
Top

Re: Fiat Currencies Vs Silver & Gold

Postby TwoAndAHalfCents » Tue Oct 15, 2013 12:57 am

It's 101% which is what one might expect from a country without a functioning government and central bank to manipulate the currency.
User avatar
TwoAndAHalfCents
1000+ Penny Miser Member
 
Posts: 1633
Joined: Wed May 04, 2011 1:38 am
Location: Southern California
Top

Re: Fiat Currencies Vs Silver & Gold

Postby Broseph » Fri Oct 18, 2013 2:09 pm

Why is the zimbabwean dollar on there? Their currency was cancelled due to hyper inflation.
Big score of silver! Video below!
http://www.youtube.com/watch?v=eR_trSkCkHI
Broseph
Penny Sorter Member
 
Posts: 56
Joined: Sat Nov 24, 2012 6:51 pm
Top

Re: Fiat Currencies Vs Silver & Gold

Postby InfleXion » Fri Oct 25, 2013 11:25 am

Broseph wrote:Why is the zimbabwean dollar on there? Their currency was cancelled due to hyper inflation.

All fiat currencies run the same inevitable course. Some have completed their journey, others are still chugging along.
Silver: the Rodney Dangerfield of precious metals.

If it's printed on a piece of paper it's worth the paper it's printed on.
If it's a digital asset it's worth the electrons in cyberspace.
User avatar
InfleXion
Penny Hoarding Member
 
Posts: 575
Joined: Wed Jun 20, 2012 12:32 am
Location: Puget Sound
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 69 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group