REPORT ABUSIVE REPLY
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Message Subject
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CANADA introduces 99.99% silver coins for circulation. Silver is money.
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Poster Handle
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Anonymous Coward |
Post Content
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so basically a silver quarter is now being face valued at 100 times what it once was. well that is steep. with gas at 3.00 a gallon a 20 dollar silver piece buys nearly 7 gallons. people should not pay any premium for these. mints should put them in circulation at face value. people should use them as money as intended. even if they r overvalued there is more intrinsic value in a 1/4 ounce silver coin than paper dollars with 20 on them. this a is reasonable first step to take to return to sound money. the excessive face value of the coins over spot silver should serve the purpose of people using them as real money at face value. use them as money as intended. why would u pay an extra dime for them. bullion is cheaper so u can get more of it if u r buying silver as an investment. congratulations to Canada for taking this step.
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