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Serious question regarding PM after the financial System comes to its end.

 
Dapurps
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User ID: 40356140
Canada
05/23/2013 09:07 PM
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Serious question regarding PM after the financial System comes to its end.
So when the financial system as we know it eventually reaches its end how will Precious Metals be used as a replacement?

There's currently 7.1 Billion people on this earth today and im sure there's no where near enough PM to form a stable currency.

If it were used as a temporary currency that seems logical but nothing more.

I feel like im missing something very obvious here but could you guys enlighten me. All i see happening is like i stated above, PM would be used temporarily then they would bring in a currency similar to the one now but on a global scale and completely reset.

hmmscratching
"What you perceive to be becomes your reality."

:ftwpanda:

dapurps
Anonymous Coward
User ID: 32516124
United States
05/23/2013 09:28 PM
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Re: Serious question regarding PM after the financial System comes to its end.
The amount of people has nothing to do with there not being enough metals out there. The price of goods will either come down or metal prices will go up in order to give such goods a fair value.
Dapurps  (OP)

User ID: 40356140
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05/23/2013 09:51 PM
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Re: Serious question regarding PM after the financial System comes to its end.
The amount of people has nothing to do with there not being enough metals out there. The price of goods will either come down or metal prices will go up in order to give such goods a fair value.
 Quoting: Anonymous Coward 32516124


I get where your coming from but there isn't enough metals for everyone to be able to even have a tiny amount. So the number of people does matter.
"What you perceive to be becomes your reality."

:ftwpanda:

dapurps
v
User ID: 31851237
United States
05/23/2013 10:22 PM
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Re: Serious question regarding PM after the financial System comes to its end.
that is outdated thinking. it is what started this financial mess in the first place!
put your ventures in creating new concepts that benefit all life.
Dapurps  (OP)

User ID: 40356140
Canada
05/23/2013 10:24 PM
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Re: Serious question regarding PM after the financial System comes to its end.
that is outdated thinking. it is what started this financial mess in the first place!
put your ventures in creating new concepts that benefit all life.
 Quoting: v 31851237


Care to share your concepts?
"What you perceive to be becomes your reality."

:ftwpanda:

dapurps





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