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I may have but I think I was agreeing with your post.
:high five:
I took your post to mean cash should always be used b/c of a few instances where you want privacy, even if you're buying gas next to your job where that privacy doesn't really matter b/c "they" already know where you work.
 
Around home use cards or checks but when you are away from home use cash. They already know where you live and work why let them know where you go and what you do when you are away?
Oh, and leave your laptop, tablet and phone at home too. You can get a burner phone for your trip.
 
:high five:
I took your post to mean cash should always be used b/c of a few instances where you want privacy, even if you're buying gas next to your job where that privacy doesn't really matter b/c "they" already know where you work.

I do like cash too. I like choice which we are losing in most aspects of our lives now.
We use to be on the gold standard but they took the our gold.
Its a new world now.
I bet when they took precious metals and gave us paper IOUs people didn't agree with that either.Those IOUs have not been worth the paper they were written on for decades anyway.:dunno::thumbs:
 
Around home use cards or checks but when you are away from home use cash. They already know where you live and work why let them know where you go and what you do when you are away?
Oh, and leave your laptop, tablet and phone at home too. You can get a burner phone for your trip.

SheepD looks like we are running out of things to purchase like burner phones.
 
Most convenience stores sell them.
 
There are places that will not take cash supposedly due to the China virus.
There are benefits to no cash policy for the business. It cost a lot of money to ship cash and especially coins so getting rid of cash is a big saving for businesses. It is also harder to steal from a business that takes no cash.
Of course, the big advantage for the government is they can easily track your finances.
I use cash and CC and I shop online. I don't worry about it.

Accentuate the possitive,eliminate the negative lol.
 
We have a dear friend that told us about her friend, that's been dealing with cancer and is living in an apartment that's government assisted, she went to a bank to get quarters to run a washing machine and the bank would only give her a single roll of quarters, it shook her up and she was in tears over dealing with the situation. Yes there is a plan to track every purchase, so while you can still do it, it's time to buy storage food, guns and ammo, gold or silver and other survival needs with cash while we're still able to do it. The PTB is trying to track almost everything we purchase and where it's being used, I was asked the other day for my zip code for a purchase of zinc tablets. I think I'll start giving out my old zip codes.
 
When a clerk asks for my address, phone number, or anything else I just say No thanks. I had one that insisted she needed it. I said no and walked off leaving all the groceries sitting on the belt for her to deal with.
My wife, on the other hand, uses a store loyalty card so everything she buys is logged. She sees no problem with giving away that information to save a small percentage on groceries.
I do use a loyalty card at the hardware store. It was my Mom's card and she died 14 years ago so I'm pretty sure she won't care.
 
Paper is paper and only good as someone is willing to accept it. Our coinage is not made as it was 50 years ago when I was a kid. Gold coins are good but heavy, same as silver. If "something" happens and say you have a garden, how many coins will you be willing for some of your food? Everyone needs food, not everyone needs paper/metal on the other side. For me the only metal I am in and hoard is lead of various hardness.

Something is going to happen, just look at what is happening to Communist China. Wuhan virus, restricted trade with the U.S., major flooding going on now, reports of contaminated grain that is unfit for human consumption, swine flu again and in the outer regions reports of bubonic plague. People start to go hungry and then civil unrest. Makes out problem here seem small in comparison.

I feel sorry for those who don't have nor can produce. Personally I am giving the U.S. up to the election and then all bets are off. On top of this is the holidays without Chinse made doodads not to mention the upcoming winter. This will get real interesting real quick.
I hope that I am wrong on this.
Sam
 
I do like cash too. I like choice which we are losing in most aspects of our lives now.
We use to be on the gold standard but they took the our gold.
Its a new world now.
I bet when they took precious metals and gave us paper IOUs people didn't agree with that either.Those IOUs have not been worth the paper they were written on for decades anyway.:dunno::thumbs:
I never understood the fascination with the gold standard. Gold has more intrinsic value in electronics than as a currency. The relationship between a state currency (dollar, yen, peso, whatever Russia uses) and gold is artificial. It's only fitting the relative value of one currency to another is based on Excel sheets and voodoo. Gold just became popular quite literally because it's shiny and doesn't "rust". Both those characteristics can be explained with chemistry. Then it became valuable because it was considered rare. Similar story with diamonds. I can buy a diamond cutting wheel for my Dremel for cheap. But jewelry grade diamonds cost thousands because somebody decided oooooo shiny. The color purple became the color of royalty because it was the most difficult dye to produce, and therefore had more value than yellow which can come from rubbing the next dandelion you see.


The people worried about living post-collapse should be more interested in stocking up on that currency, the proverbial beans, bullets, bandages. Hell, I bet if you farmed tobacco and potatoes, you could be the post-apocalyptic Jeff Bezos selling cigarettes and vodka.
 
I never understood the fascination with the gold standard. Gold has more intrinsic value in electronics than as a currency. The relationship between a state currency (dollar, yen, peso, whatever Russia uses) and gold is artificial. It's only fitting the relative value of one currency to another is based on Excel sheets and voodoo. Gold just became popular quite literally because it's shiny and doesn't "rust". Both those characteristics can be explained with chemistry. Then it became valuable because it was considered rare. Similar story with diamonds. I can buy a diamond cutting wheel for my Dremel for cheap. But jewelry grade diamonds cost thousands because somebody decided oooooo shiny. The color purple became the color of royalty because it was the most difficult dye to produce, and therefore had more value than yellow which can come from rubbing the next dandelion you see.


The people worried about living post-collapse should be more interested in stocking up on that currency, the proverbial beans, bullets, bandages. Hell, I bet if you farmed tobacco and potatoes, you could be the post-apocalyptic Jeff Bezos selling cigarettes and vodka.

So are you a history buff or just looked this up for this subject? I'm a history buff but took a break,since I lost part of my vision last September makes it hard to type and read.
But some of us here enjoyed the thread.

https://www.homesteadingforum.org/threads/historical-events-in-america.2516/
 
So are you a history buff or just looked this up for this subject? I'm a history buff but took a break,since I lost part of my vision last September makes it hard to type and read.
But some of us here enjoyed the thread.

https://www.homesteadingforum.org/threads/historical-events-in-america.2516/
I'd never consider myself a history buff, I just watch a lot of educational stuff. Mostly STEM topics, but I'll sneak in some liberal art topics now and then. Some things stick, others don't. Sometimes I vaguely remember something and have to go look up the details again.
 
Sorry, I went way off-topic so I deleted the post.
Aw c'mon! I posted a program I wrote in BASIC. You were farther off topic than that?
huh.gif

On topic: I use plastic with the tracking chip in it without hesitation continuously.
For anyone interrested, Super bought some groceries at the local store today! :woo hoo:
BFD.
rolleyes.gif
 
Paper is paper and only good as someone is willing to accept it. Our coinage is not made as it was 50 years ago when I was a kid. Gold coins are good but heavy, same as silver. If "something" happens and say you have a garden, how many coins will you be willing for some of your food? Everyone needs food, not everyone needs paper/metal on the other side. For me the only metal I am in and hoard is lead of various hardness.

Something is going to happen, just look at what is happening to Communist China. Wuhan virus, restricted trade with the U.S., major flooding going on now, reports of contaminated grain that is unfit for human consumption, swine flu again and in the outer regions reports of bubonic plague. People start to go hungry and then civil unrest. Makes out problem here seem small in comparison.

I feel sorry for those who don't have nor can produce. Personally I am giving the U.S. up to the election and then all bets are off. On top of this is the holidays without Chinse made doodads not to mention the upcoming winter. This will get real interesting real quick.
I hope that I am wrong on this.
Sam
It takes very little effort to print paper currency. It takes even less effort to create digital currency. In that way, it becomes very easy for a central bank to cause inflation. A physical currency that requires actual effort to produce (mining ain't easy!) at least offers a value-for-value proposition in any transaction.

That said, having precious metals on hand in the event of an economic collapse is a means of protecting wealth for AFTER the economy gets going again. And it will. I don't expect to buy fresh produce from the guy down the street with silver bullion; I expect to get it from my own garden.
 
It takes very little effort to print paper currency. It takes even less effort to create digital currency. In that way, it becomes very easy for a central bank to cause inflation. A physical currency that requires actual effort to produce (mining ain't easy!) at least offers a value-for-value proposition in any transaction.

That said, having precious metals on hand in the event of an economic collapse is a means of protecting wealth for AFTER the economy gets going again. And it will. I don't expect to buy fresh produce from the guy down the street with silver bullion; I expect to get it from my own garden.

I agree IF you have canned for the months that produce cannot be grown. I am lucky as I am "sitting" on a gold mine that can produce all year round. From the outside of my cabin there is no evidence of this and therefore no attraction. I have a cartoon from "Up Front" by Sgt. Bill Mauldin. His cartoon is of a tank moving in front of them and Willie turns to his foxhole buddy Joe, "A moving foxhole attracts the eye!" In that same vent a visible greenhouse can and will attract marauders of all types... two and four legged in need of protection.
 
Why don't we have a gold backed currency? I have seen many people ask that. There is none in the world.
A tidbit of information. All the gold ever mined in the world is worth a total of $10 to $11 trillion dollars. That is pocket change today. The US gov will likely spend half of that amount this year.
 
All the gold ever mined in the world is worth a total of $10 to $11 trillion dollars.
Add to that some more tidbits of information. There is only $2.05 Trillion dollars of actual cash in circulation. We currently have a national debt of almost $28 trillion according to the national debt clock. So, according to my 'non-common-core' math skills, all the American cash and gold in the world will not even come close in paying for our national debt.
https://usdebtclock.org/
 
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Some people talk about the USA at some point bringing out a gold-backed currency.
But if the dollar collapsed, who would trust any paper money no matter how pretty it was? Even if it had pictures of gold bars instead of dead Presidents.
If the dollar collapses then our government would have to make gold and silver coins. Though I wonder if they have any gold or silver to mint any coins?
 
Why don't we have a gold backed currency? I have seen many people ask that. There is none in the world.
A tidbit of information. All the gold ever mined in the world is worth a total of $10 to $11 trillion dollars. That is pocket change today. The US gov will likely spend half of that amount this year.
Umm...no. You're basing your dollar value on the dollar, not on the gold commodity relative to other commodities AND WITHOUT THE MANIPULATION OF COMMODITIES (that's the tricky part, but which we know is happening!).

Base the dollar on gold or other commodities and you'll find the dollar plummets in value to near zero.
 
What is the best place to buy gold & silver?
First, understand what the current spot price is of whatever metal you want to buy. Use google to find the spot price.

Check out your local coin shops. Chances are very good they will be on top of the spot price and will charge a hefty premium.

Next, check out sites like apmex.com, providentmetals.com and jmbullion.com and see what they're charging over spot for the number of ounces you want to buy.

You will be looking at several dollars over spot to buy gold or silver (a few dollars for silver, tens of dollars for gold). Shop around and you can find the best price. The sites I mentioned are very reputable and I've never had a problem...and yes, I've purchased from them many times.
 
I just hope that the country and the world doesn't got completely to h*** before say June. My father passed away in Dec. and left a nice chunk of change. It will pay everything off and still have a little left over. I have found some very old coins, i.e. 1932, 34, etc quarters, 32 peace dollar. I'm just waiting for the required time to pass and then I can find out what the percentage of silver might be in these coins. Oh, I think I also found where all the coins are that we're short of in this country...lol. Cans, butter bowls etc. of nickels dimes pennies and newer quarters.
 
My drug dealers won't accept checks or my debit card so I have to pay in cash.

OK, I don't even know any drug dealers but I pay cash for gold, silver and guns and use a credit card for powder, bullets and primers - go figure.
We use cash only for gold, silver, guns, powder, bullets, primers or anything we feel doesn't need to be tracked or stored in that huge data bank in Utah, the one that also stores suspicious phone calls, the place that is run by No Such Agency. More than likely we'd have a heart attack if we saw just how much information certain agencies have on us, just like Santa Claus, they know if you've been bad or good and what you have for toys.
 
I just hope that the country and the world doesn't got completely to h*** before say June. My father passed away in Dec. and left a nice chunk of change. It will pay everything off and still have a little left over. I have found some very old coins, i.e. 1932, 34, etc quarters, 32 peace dollar. I'm just waiting for the required time to pass and then I can find out what the percentage of silver might be in these coins. Oh, I think I also found where all the coins are that we're short of in this country...lol. Cans, butter bowls etc. of nickels dimes pennies and newer quarters.
Those coins (anything pre 1965) will be 90% silver.

BTW sorry to hear about your dad.
 
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