Comments on: Is it good for society as a whole for individuals to buy gold and silver? http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/ Fri, 18 May 2012 02:19:12 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Gus K http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/comment-page-1/#comment-2037 Gus K Fri, 15 Jan 2010 18:59:16 +0000 http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/#comment-2037 It may help the economy if whoever sells the metals in the first place plans to use the sales price to buy something. In that sense, dollars are going into circulation which might otherwise be kept in the bank, or under a mattress. It probably has no effect on the financial differences between classes. Personally, I keep 100 Krugerrands in the safety deposit box in case disaster strikes the economy, keep at least one-month's net pay in my checking account, and spend just about everything else I earn on sensible purchases. So I'm keeping my earnings circulating while encouraging worth-while products, but I don't do much to help give the banks capital to make loans on, or affect the stock market one way or another. I doubt people like myself hurt the economy, we sure don't weaken it by being in debt or potentially a burden on the tax base because we can't pay our way. .<a href="http://www.resumeminers.com/Resume/Submit-Resume.htm"> Gus K</a> It may help the economy if whoever sells the metals in the first place plans to use the sales price to buy something. In that sense, dollars are going into circulation which might otherwise be kept in the bank, or under a mattress. It probably has no effect on the financial differences between classes. Personally, I keep 100 Krugerrands in the safety deposit box in case disaster strikes the economy, keep at least one-month’s net pay in my checking account, and spend just about everything else I earn on sensible purchases. So I’m keeping my earnings circulating while encouraging worth-while products, but I don’t do much to help give the banks capital to make loans on, or affect the stock market one way or another. I doubt people like myself hurt the economy, we sure don’t weaken it by being in debt or potentially a burden on the tax base because we can’t pay our way.

. Gus K

]]> By: Peppermint Nightmare http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/comment-page-1/#comment-2036 Peppermint Nightmare Thu, 14 Jan 2010 06:38:23 +0000 http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/#comment-2036 Right now, yeah I guess currency trading would. But I wouldn't go for precious metals because you wouldn't make any money off them for awhile. You want to buy low and sell high and gold won't go much higher (I don't really know how they're still doing that cash4gold thing on television). But if you're looking for a solid investment for the winter go into produce futures, with this freeze through the southeast that should be a safe bet<a href="http://www.safedebthelp.com/bad-credit-debt-help.htm"> Peppermint Nightmare</a> Right now, yeah I guess currency trading would. But I wouldn’t go for precious metals because you wouldn’t make any money off them for awhile. You want to buy low and sell high and gold won’t go much higher (I don’t really know how they’re still doing that cash4gold thing on television). But if you’re looking for a solid investment for the winter go into produce futures, with this freeze through the southeast that should be a safe bet Peppermint Nightmare

]]> By: Nighthawke http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/comment-page-1/#comment-2035 Nighthawke Wed, 13 Jan 2010 18:05:09 +0000 http://www.goldbuyingguide.com/blog/is-it-good-for-society-as-a-whole-for-individuals-to-buy-gold-and-silver/#comment-2035 People buy gold and silver when there is already some economic breakdown in society. It doesn't help society as a whole. But then capitalism isn't designed to help society as a whole. Capitalism is only about profits for capitalists.<a href="http://www.proofficesupply.com/denver-office-supply.htm"> Nighthawke</a> People buy gold and silver when there is already some economic breakdown in society. It doesn’t help society as a whole. But then capitalism isn’t designed to help society as a whole. Capitalism is only about profits for capitalists. Nighthawke

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