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REPORT ABUSIVE REPLY
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Message Subject
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JUST IN: $1 coins may be forced on us if the government has its way!!!!
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Poster Handle
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Anonymous Coward |
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Post Content
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Thats cool, if the coin contains at least $1 in metals.
Quoting: Anonymous Coward 554016 A Dollar coin should contain one ounce of silver. Twenty dollar coins containing 1 ounce of gold would set the ratio at 20:1. The actual ratio in nature is 17:1. I would much rather have a pocketfull of real value than a wallet stuffed with worthless paper. At the moment, my wallet isn't stuffed at all! Are you talking about d-valuation. An ounce of silver is above $30.00, and an ounce of gold is above 1200. He's talking historically.....and 1 oz gold coins were $50. There's a saying that when gold coins were in circulation, an oz of gold would buy you a good suit...and today..an oz of gold will buy you a good suit. Well put, but times have changed, an ounce of gold will buy you a good suit, with change coming back.
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