13

The War on Cash

Posted by LibertyPen 1 day, 7 hours ago to Politics
8 comments | Share | Flag


All Comments

  • Posted by CaptainKirk 6 hours, 21 minutes ago in reply to this comment.
    Yeah, I feel ya. I start as an education.
    And boy do you get one. When I first bout Silver, the fee was about $3-5/oz. And I did not realize I would pay that fee in both directions.
    Imagine paying $15/oz + $5/oz = $20/oz.

    And when it its $30/oz you get hit with a $7 or $10oz fee, and find out a doubling of price paid the dealer and not you.

    So, I refuse to sell. And the fees keep going up. Also, in many cases, you cannot buy near spot and certain cannot sell there (because they just change the fees).

    On the other hand. It's a real asset. SO I have no problem holding it.

    Also, now I understand why my buddy sold me his at market price years ago ($36/oz, he felt it was going to drop, I Figured I would save the premium, he would save the discount).

    I am finally green on that transaction, but NOT BY ENOUGH to sell it, though... LOL.

    Again, nor do I want to. Leaving it to my family.
    Reply | Permalink  
  • Posted by tutor-turtle 6 hours, 24 minutes ago in reply to this comment.
    We need to (must) pressure all the states to allow direct purchase and redemption of gold/silver.

    I think there are five or six states already on board.
    My state, New Hampshire, has voted it down two years in-a-row, but it's up again this year.
    Reply | Permalink  
  • Posted by tutor-turtle 6 hours, 27 minutes ago
    Digital transactions are how you get tracked.
    If you don't want the Deep Swamp, Big Brother, NWO, Suck-A-Bucks following your every purchase, use cash at every opportunity.

    Watch any old movie going back 50 years, they tracked the subject by their credit card purchases.
    Reply | Permalink  
  • Posted by CaptainKirk 6 hours, 29 minutes ago
    When were growing up in the 1980s, we called $20 bills "Yuppie Food Stamps"

    Now it feels like a $100 bill is a food stamp.

    every time I go shopping for food it's like $200

    CRAZY.

    While I am all in on Crypto. I mean the kind that is NOT CONTROLLED like CBDCs. or the kind that cannot be restricted, which I fear the USDC and USDT will be. So they will function LIKE a CBDC in the end.

    I am not for that.

    I am for a form of cash, that we can transact in WITHOUT the government or bank involvement.

    It has risks, to be sure.

    But banks create money out of thin air.
    That's not right, considering how hard we have to work to earn money!
    Reply | Permalink  
  • Posted by Commander 23 hours, 12 minutes ago
    I paid for a service that accepted silver today.
    I bought at around $23 spot a couple years ago.
    $60 in quarters left my hand today at $38.52 spot.
    A good deal to get the receiver started in metals and maybe other commodities in the future.
    It's all education.
    Reply | Permalink  
  • Posted by mccannon01 1 day, 1 hour ago
    Well said, LibertyPen. I adhere to cash transactions whenever possible, but I have to admit most of my wealth is in digital form already. IRAs and bank accounts are all cyber-stuff until I go to the bank and get cash. The house I live in was paid off years ago, but it still belongs to the government allowing me to use it as long as I pay the "royal rent", nowadays called property and school tax. Cash is the last thing left for convenient bartering. One big electro-magnetic pulse and all the cyber stuff goes away.
    Reply | Permalink  
  • 10
    Posted by freedomforall 1 day, 6 hours ago
    Thank you (again), LibertyPen. 👍
    Transactions without invasive governments are vital to liberty.
    Reply | Permalink  

  • Comment hidden. Undo