tag:blogger.com,1999:blog-6148719993180036093.post7038044269140853230..comments2023-04-13T05:50:18.620-04:00Comments on The Newbius Papers: Dollars, for the recordNewbiushttp://www.blogger.com/profile/09501998014769060130noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6148719993180036093.post-1924603349809714942010-02-08T10:01:38.353-05:002010-02-08T10:01:38.353-05:00Yeah....Anyway, I always keep an eye out for half-...Yeah....Anyway, I always keep an eye out for half-concealed facts supporting absolute statements.<br /><br />If he's going to use a fantastic example such as alchemical transmutation, I think my realistic response definitely applies: a) we'll be able to take advantage of gold's electrical properties in general industry; b) entrepreneurs will simply buy whatever it is which is transmuted to gold, which in turn will become the new gold.TJPnoreply@blogger.comtag:blogger.com,1999:blog-6148719993180036093.post-61139226073368874832010-02-05T17:09:22.367-05:002010-02-05T17:09:22.367-05:00This post came about as I was researching somethin...This post came about as I was researching something else. I think it is important to note that Silver and Gold coins are still produced by the US Mint, and are legal tender for all debts. See the following link here: http://www.usmint.gov/mint_programs/american_eagles/index.cfm?Action=american_eagle_gold<br /><br />Also note that, while the coins are able to be used at their face valuation for any debt, they cannot be purchased using FRN$ at the same exchange rate. $50FRN dollars != $50 Gold. The difference in valuation is the amount of your wealth stolen by your government by inflation. The difference between gold in 2002 (~$300/ounce) and now (~$1,000/ounce) is a pretty good indicator of the decline in relative worth of the currency in the last 8 years. <br /><br />NewbiusNewbiushttps://www.blogger.com/profile/09501998014769060130noreply@blogger.com