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darreng1000

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Posts posted by darreng1000

  4. Why Gold Is The Currency Of The Free And Idle

    in Mining and Precious Metals

    Posted

    I've asked the same questions myself a number of times and don't feel that I've ever got an answer from anyone. There would be wars, just over different things and gold would be something to fight over. The countries that didn't have it would be enslaved or forced into co-operation with the new gold empires. People tend to conveniently forget that gold standards have usually been in operation during periods of empires, with the militarily strong being in control at the expense of everyone else. Most of the world was effectively enslaved.

     

     

    I was going to ask whether it would be a cause of enslavement to, but I really wasn't sure if i was asking the right thing with regards to war in the first place. enslavement seemed the next logical step.

  5. Why Gold Is The Currency Of The Free And Idle

    in Mining and Precious Metals

    Posted

    I found the essay fascinating and has certainly helped with my very limited knowledge on gold and money.

    However it has thrown up some questions.

     

    You say that various wars wouldn't have happened if gold standards had been kept, however wouldn't there have then been wars to try and conquer land that was in rich in gold?

    Also as gold would be a finite source of money, wouldn't this then start drawing the world back to the times when empires existed?

    As they could not make money to buy assets they just went out and conquered the assets?

     

    I don't know if i'm going way off track here, or my understanding really is terrible.

    I have other questions which i will ask later.

  15. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    thats quite a mark up on the Britannia's. even the krugs have a hefty premium from cid - i think i would buy phils from them if i was going to buy atm.

     

     

    the way i see it is that because Brittania's are CGT free, I may be spending £45 extra now over a philharmonic (even though they look much nicer) but I will be possibly saving myself a tax bill of £2000 per coin a few years down the line!

     

  22. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

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