Paul Robb
@Keeperoffools3
23 December, 07:10
as things get wors, don’t figure on my bank account , but real precious metals I hold, when it all folds, the small amount of presious metal that I have in hand will get me through
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23 December, 07:12
In response Paul Robb to his Publication
I thought this was a cool idea
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Rafi Farber had an interesting perspective on the fall of fiat and ultimate rebalancing of the ‘price’ of metals — effectively that the only way for a market that’s seized up and become illiquid to reintroduce a metals standard is for those that have the metal to be encouraged by the market to spend it.
a short window of opportunity to get property/tangible things for a ‘deal’ in metals terms; get metal circulating back into the market, and those who made that early investment are rewarded with property in exchange.
it’s not a greed thing, or ‘look at all my stuff’, but more centered upon the necessary role of those who hold the metal to bring back a metal standard to currency, and lead the charge by reliquifying the market. it’s actually pretty darn cool - the responsibility that’s coupled with it.
a short window of opportunity to get property/tangible things for a ‘deal’ in metals terms; get metal circulating back into the market, and those who made that early investment are rewarded with property in exchange.
it’s not a greed thing, or ‘look at all my stuff’, but more centered upon the necessary role of those who hold the metal to bring back a metal standard to currency, and lead the charge by reliquifying the market. it’s actually pretty darn cool - the responsibility that’s coupled with it.
09:10 AM - Dec 24, 2022
In response Vincent Kennedy⍟ to his Publication
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