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Posted: 1/25/2018 1:37:51 PM EDT
[#1]
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ITT more than one person confused currency with commodity. Yay! |
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Posted: 1/25/2018 1:41:32 PM EDT
[#2]
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Both are mostly fungible items which can be traded on the free market. What’s the practical difference? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! |
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Posted: 1/25/2018 1:45:53 PM EDT
[#3]
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Both are mostly fungible items which can be traded on the free market. What’s the practical difference? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! 
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Posted: 1/25/2018 1:50:31 PM EDT
[#4]
<p style="margin-top: 0.35714285714285715em; margin-bottom: 0px; font-size: 14.117646217346191px; line-height: 1.4285714285714286em; background-image: none; color: rgb(34, 34, 34); font-family: -apple-system, BlinkMacSystemFont, " segoe="" ui",="" roboto,="" helvetica,="" arial,="" sans-serif,="" "apple="" color="" emoji",="" "segoe="" ui="" symbol";"="">Fuck these links
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Posted: 1/25/2018 1:50:57 PM EDT
[#5]
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For starters one is a physical good... Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! |
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Posted: 1/25/2018 1:51:50 PM EDT
[#6]
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ITT more than one person confused currency with commodity. Yay! |
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Posted: 1/25/2018 1:57:58 PM EDT
[#7]
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And those scraps of linen stamped with long dead presidents aren’t physical goods? Seriously, what point are you trying to make? Are you trying to be philosophical or do you not know the difference? |
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Posted: 1/25/2018 1:59:47 PM EDT
[#8]
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It's a thing which has value on the open market. The rest is semantics. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. |
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Posted: 1/25/2018 2:00:23 PM EDT
[#9]
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And those scraps of linen stamped with long dead presidents aren’t physical goods? Seriously, what point are you trying to make? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! |
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Posted: 1/25/2018 2:01:39 PM EDT
[#10]
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Are you being serious? I'm honestly asking. Are you trying to be philosophical or do you not know the difference? Quote HistoryQuoted:
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And those scraps of linen stamped with long dead presidents aren’t physical goods? Seriously, what point are you trying to make? Are you trying to be philosophical or do you not know the difference? |
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Posted: 1/25/2018 2:02:03 PM EDT
[#11]
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you proved my point practical differences are so vast I am not going to list them all. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. |
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Posted: 1/25/2018 2:02:31 PM EDT
[#12]
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Currency does not equate to money. There is a difference. Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! |
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Posted: 1/25/2018 2:03:14 PM EDT
[#13]
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That could be said about any other commodity. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. |
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Posted: 1/25/2018 2:03:28 PM EDT
[#14]
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Currency does not equate to money. There is a difference. Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif |
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Posted: 1/25/2018 2:04:16 PM EDT
[#15]
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I know people with 50k plus in a checking account that are relatively young. Why they do this I don't know. Put some of it to work and throw some at precious metals for the hell of it if you want something physical. Quote HistoryQuoted:
Quoted: Why would you have a mountain of cash lying around. Why they do this I don't know. Put some of it to work and throw some at precious metals for the hell of it if you want something physical. |
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Posted: 1/25/2018 2:04:49 PM EDT
[#16]
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I swear to god...this place is always a day late and a dollar short. https://finviz.com/fut_chart.ashx?t=DX&cot=098662&p=w1&rev=636524741621688888 https://finviz.com/fut_chart.ashx?t=GC&cot=088691&p=w1&rev=636524742094893835 |
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Posted: 1/25/2018 2:05:32 PM EDT
[#17]
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what if you use a 1oz golden eagle to buy dinner at The Cheesecake factory accepting the fact that you used the face value of the currency instead of the intrinsic value of the gold. mindblown.gif Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif |
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Posted: 1/25/2018 2:05:36 PM EDT
[#18]
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List one difference. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. miners control the gold supply Theoretially a finite # of gold, not that case with a currency. currency adjust due to the law of one price if there isn't a central bank peg. Gold adjust relative to what currency you are holding. |
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Posted: 1/25/2018 2:06:16 PM EDT
[#19]
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Can you use a barrel of oil to buy dinner? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif |
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Posted: 1/25/2018 2:07:57 PM EDT
[#20]
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How come nobody told me to buy gold in 2016? Quote HistoryQuoted:
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I swear to god...this place is always a day late and a dollar short. https://finviz.com/fut_chart.ashx?t=DX&cot=098662&p=w1&rev=636524741621688888 https://finviz.com/fut_chart.ashx?t=GC&cot=088691&p=w1&rev=636524742094893835 |
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Posted: 1/25/2018 2:08:37 PM EDT
[#21]
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Hey...Hey...I gotta investument for ya...Garunteed. https://www.AR15.Com/media/mediaFiles/289264/clintonmedallion_mocksmal-430953.JPG If this comes out as a urinal cake I will be in for a dozen |
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Posted: 1/25/2018 2:09:25 PM EDT
[#22]
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can you use your gold chain to buy dinner? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif |
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Posted: 1/25/2018 2:09:59 PM EDT
[#23]
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Obviously not. What point exactly are you trying to make? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif Does a FIAT currency have an intrinsic value? |
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Posted: 1/25/2018 2:10:11 PM EDT
[#24]
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what if you use a 1oz golden eagle to buy dinner at The Cheesecake factory accepting the fact that you used the face value of the currency instead of the intrinsic value of the gold. mindblown.gif Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif 
Here's another fun one. What if your employer paid you in gold with the same criteria? 
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Posted: 1/25/2018 2:10:20 PM EDT
[#25]
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Obviously not. What point exactly are you trying to make? |
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Posted: 1/25/2018 2:10:42 PM EDT
[#26]
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that Gold and a Currency are not the same thing. Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif |
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Posted: 1/25/2018 2:11:40 PM EDT
[#27]
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I think we're trying to say the same thing. Quote HistoryQuoted:
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Obviously not. What point exactly are you trying to make? 
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Posted: 1/25/2018 2:12:51 PM EDT
[#28]
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You quoted yourself to say you agree. Quote HistoryQuoted:
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Obviously not. What point exactly are you trying to make? |
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Posted: 1/25/2018 2:12:51 PM EDT
[#29]
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You quoted yourself to say you agree.
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Posted: 1/25/2018 2:12:52 PM EDT
[#30]
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List one difference. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. Or maybe it's the fact that commodities tend to have a practical application that extends beyond exchanging for goods/services? |
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Posted: 1/25/2018 2:14:05 PM EDT
[#31]
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Other than the fact that actual commodities have to be mined out of the ground at great expense, while modern "currencies" are magic'd into existence at will by governments/banks? Or maybe it's the fact that commodities tend to have a practical application that extends beyond exchanging for goods/services? Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. Or maybe it's the fact that commodities tend to have a practical application that extends beyond exchanging for goods/services? |
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Posted: 1/25/2018 2:14:59 PM EDT
[#32]
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Do they accept Canadian?
Here's another fun one. What if your employer paid you in gold with the same criteria? https://media.giphy.com/media/d3mlE7uhX8KFgEmY/giphy.gif Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif
Here's another fun one. What if your employer paid you in gold with the same criteria? https://media.giphy.com/media/d3mlE7uhX8KFgEmY/giphy.gif
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Posted: 1/25/2018 2:15:47 PM EDT
[#33]
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don't look at me i can't give advice here. Quote HistoryQuoted:
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I swear to god...this place is always a day late and a dollar short. https://finviz.com/fut_chart.ashx?t=DX&cot=098662&p=w1&rev=636524741621688888 https://finviz.com/fut_chart.ashx?t=GC&cot=088691&p=w1&rev=636524742094893835 |
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Posted: 1/25/2018 2:15:47 PM EDT
[#34]
I'm just getting into silver, more for collecting than weight.
Since the price has been so low, I've bought 40 oz. of various coins in the past month. I haven't bought any rounds or bars since I am mostly buying them for collecting. |
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Posted: 1/25/2018 2:16:16 PM EDT
[#35]
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Wool is mined out of the ground? Fascinating. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. Or maybe it's the fact that commodities tend to have a practical application that extends beyond exchanging for goods/services? |
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Posted: 1/25/2018 2:16:39 PM EDT
[#36]
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I did mention in another thread that hedge fund managers were buying it. For that matter, they still are. Some of them know a thing or two. Quote HistoryQuoted:
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I swear to god...this place is always a day late and a dollar short. https://finviz.com/fut_chart.ashx?t=DX&cot=098662&p=w1&rev=636524741621688888 https://finviz.com/fut_chart.ashx?t=GC&cot=088691&p=w1&rev=636524742094893835 |
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Posted: 1/25/2018 2:18:20 PM EDT
[#37]
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Posted: 1/25/2018 2:30:57 PM EDT
[#38]
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Wool is mined out of the ground? Fascinating. Quote HistoryQuoted:
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Precious metals may go up and down but always have value. That's the point. practical differences are so vast I am not going to list them all. Or maybe it's the fact that commodities tend to have a practical application that extends beyond exchanging for goods/services? |
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Posted: 1/25/2018 2:46:01 PM EDT
[#39]
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I think we're trying to say the same thing. Quote HistoryQuoted:
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Obviously not. What point exactly are you trying to make? |
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Posted: 1/25/2018 2:49:20 PM EDT
[#40]
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The value of a stock is in the people it employs, the intellectual property it possesses, and the talent of its management. That can be measured in whatever paper coupon you want, but the value remains. Quote HistoryQuoted:
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It doesn't matter what the temporary value of the dollar is. It will keep losing 3% a year until it collapses entirely. Buy metals and stocks. |
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Posted: 1/25/2018 2:49:49 PM EDT
[#41]
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I know you know how ADRs work. Quote HistoryQuoted:
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It doesn't matter what the temporary value of the dollar is. It will keep losing 3% a year until it collapses entirely. Buy metals and stocks. |
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Posted: 1/25/2018 2:50:05 PM EDT
[#42]
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Well no shit, Sherlock. No one said they were. Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif Are you having a stroke? |
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Posted: 1/25/2018 2:50:57 PM EDT
[#43]
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So if a company can't pay it's employees, can't pay it's debt holders, etc why on earth would the guy (Equity Holder) last in line get shit? Are they going to mail you a fucking patent to wipe your ass with when you can't get toilet paper because it cost a trillion dollars. Maybe you can get a pile of parts from Dell or some shit. Quote HistoryQuoted:
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It doesn't matter what the temporary value of the dollar is. It will keep losing 3% a year until it collapses entirely. Buy metals and stocks. |
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Posted: 1/25/2018 2:51:53 PM EDT
[#44]
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But isn't the whole point of your argument that commodities and currencies are the same basic thing? Are you having a stroke? Quote HistoryQuoted:
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ITT more than one person confused currency with commodity. Yay! mindblown.gif Are you having a stroke? I only care about what a """thing""" can get me on the open market. Both commodities and currencies behave the same way in that scenario. |
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Posted: 1/25/2018 2:52:48 PM EDT
[#45]
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You are here. https://www.AR15.Com/media/mediaFiles/64239/Screen_Shot_2018-01-25_at_10-431031.JPG 
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Posted: 1/25/2018 2:54:39 PM EDT
[#46]
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Take an economics class sometime. Come back when you have a modicum of education. Quote HistoryQuoted:
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It doesn't matter what the temporary value of the dollar is. It will keep losing 3% a year until it collapses entirely. Buy metals and stocks. 
Ivory tower much? |
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Posted: 1/25/2018 2:55:15 PM EDT
[#47]
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That could be said about any other commodity. FYI - It's not a good idea to store pork bellies in your safe. |
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Posted: 1/25/2018 2:58:57 PM EDT
[#48]
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Ivory tower much? Quote HistoryQuoted:
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It doesn't matter what the temporary value of the dollar is. It will keep losing 3% a year until it collapses entirely. Buy metals and stocks.
Ivory tower much? |
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Posted: 1/25/2018 3:04:06 PM EDT
[#49]
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Take an economics class sometime. Come back when you have a modicum of education. Quote HistoryQuoted:
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It doesn't matter what the temporary value of the dollar is. It will keep losing 3% a year until it collapses entirely. Buy metals and stocks. |
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Posted: 1/25/2018 3:11:36 PM EDT
[#50]
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<p style="margin-top: 0.35714285714285715em; margin-bottom: 0px; font-size: 14.117646217346191px; line-height: 1.4285714285714286em; background-image: none; color: rgb(34, 34, 34); font-family: -apple-system, BlinkMacSystemFont, " segoe="" ui",="" roboto,="" helvetica,="" arial,="" sans-serif,="" "apple="" color="" emoji",="" "segoe="" ui="" symbol";"="">Fuck these links 
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