[dhYTvlAv]

Imagine where silver price would go if just one country began using it.

[Feloascarlelt]

Could you imagine? Greece, the founder of democracy could become the restorer of democracy if they make the right moves in the next few weeks. I like the idea of a new Solon.

[Julik19]

Greece, the founder of democracy could become the restorer of democracy

Democracy .. a particularly low form of government in which the majority can dominate the minority.

[BamSaitinypap]

What are the chances of this actually happen? Don't they just want more debt slavery/socialism?

[NickGrass]

They are basically trying to describe a "freesilver" system.

[strollerssfsfs]

What are the chances of this actually happen? Don't they just want more debt slavery/socialism?

Realistically, as long as the bankers have the corrupt politicians bought out, this isn't going to happen. PMs are a major impediment to their control of all economic activity, and group processes.

My rule of thumb here is 'anything that increases freedom for me (and people like me) is not good for the bankers or politicians'.


Hatha

[dhYTvlAv]

Realistically, as long as the bankers have the corrupt politicians bought out, this isn't going to happen. PMs are a major impediment to their control of all economic activity, and group processes.

My rule of thumb here is 'anything that increases freedom for me (and people like me) is not good for the bankers or politicians'.


Hatha

I'm pretty sure you're right, but this experiment that is taking place in Greece is opening a lot of eyes to the possibility.

Realistically, anyone that stands in the way of the bankers will feel the wrath of a thousand bombs dropped on them.

[nerkvcbtre]

Imagine where silver price would go if just one country began using it.

Apparently there is some unwritten law somewhere making it illegal.

Either that, or those who've attempted to set pen to paper in such a manner mysteriously vanished.

Even in broad daylight.

silver-kennedy-half-dollars-on-a-silver-certificate-note-3daf91.jpg

[nerkvcbtre]

I really like Hugo's idea about letting it float only in the up fashion, I wish I could do this with my Silver...

Seriously it would be a great way for a sovereign nation to take advantage of the current global economy.

My guess is they would be shunned, and completely removed from the trade routes.

[strollerssfsfs]

Has it occurred to anyone that this scheme is the Liberty dollar thought through to completion? The issue with the Liberty dollar was its name. They called it a dollar and even made it appear like one. If they had simply put an artful design on the coin and a notation of its weight, and called it a Silver ounce, they would have had no problem with it. Greece doesn't have to mint these coins. There could be one private mint producing such coins for all countries to use.

We actually have a system like that here in this country. Everyone on this forum who owns silver coins is participating in that system. No one here however wants to 'spend' those coins in a money system of fiat paper money. People will hoard them. They won't really be money in the true sense of the word. They would be a storehouse of value, but not an effective medium of exchange. If Greece sells its gold to buy silver, and issues them as coins, if they circulated they would disappear quickly. Tourists would take them home. The savers would hoard them. Greece would have less gold. I'm beginning to have doubts that this would work.

Hatha

[Uzezqelj]

Apparently there is some unwritten law somewhere making it illegal.

Either that, or those who've attempted to set pen to paper in such a manner mysteriously vanished.

Even in broad daylight.

silver-kennedy-half-dollars-on-a-silver-certificate-note-3daf91.jpg

I hope you realize that dime is counterfeit.

[nerkvcbtre]

I hope you realize that dime is counterfeit.

Which dime, Kennedy?

Do you think they'd pull a Turkish missile crisis on Greece?

[Aozenee]

they done it before, they can do it again.

Greek 1/3 ounce silver coin, from 1964


Greek 1/2 ounce silver coin, from 1963

[gZAhTyWY]

First off Greece needs to physically remove the illegal immigrants that are squatting there.

[Badyalectlawl]

Your right, they have done it before.........

[dhYTvlAv]

I think it could work if the new drachma is first issued with a much higher value over spot.

They probably would be hoarded at first, but after paper currency loses more value and silver price catches up to the issue price...people that need money will realise what they can purchase with their silver drachma, they will begin to return to circulation.

Barter with the silver drachma will probably happen sooner.

You have to start somewhere to set an example. Fiat currency has no place to go but down.

I think the new drachma should use the owl as a symbol on the new coins and not the head of a corrupt political leader.

Often referred to as the "owl of Athena" or "owl of Minerva", it accompanies Minerva in Roman myths, seen as a symbol of wisdom because the owl is capable of seeing even in the dark and of vigilance because the owl is awake at night.

[Charryith]

Has it occurred to anyone that this scheme is the Liberty dollar thought through to completion? The issue with the Liberty dollar was its name. They called it a dollar and even made it appear like one. If they had simply put an artful design on the coin and a notation of its weight, and called it a Silver ounce, they would have had no problem with it. Greece doesn't have to mint these coins. There could be one private mint producing such coins for all countries to use.

We actually have a system like that here in this country. Everyone on this forum who owns silver coins is participating in that system. No one here however wants to 'spend' those coins in a money system of fiat paper money. People will hoard them. They won't really be money in the true sense of the word. They would be a storehouse of value, but not an effective medium of exchange. If Greece sells its gold to buy silver, and issues them as coins, if they circulated they would disappear quickly. Tourists would take them home. The savers would hoard them. Greece would have less gold. I'm beginning to have doubts that this would work.

Hatha

The liberty dollar had numerical values stamped on it, like $10 or $50 which was part of the reason they went down (coupled with the "dollar" stuff).


The main point Salinas-Price made was to just stamp the weight and freely float the coin. In these times, revolutionary.

[DexOnenlyCymn]

The main point Salinas-Price made was to just stamp the weight and freely float the coin. In these times, revolutionary.

Here's what's worrying me a bit.

1. Silver. Warren Buffet bought boat-load of it at very low prices. I'm sure he wasn't paying his own dollars because:

2.a. Warren Buffet has been helicoptered to Rothschild's house in England, after which he came out publicly with lots of NWO stuff, and
2.b. Warren Buffet is buying out Utilities. That's not his forte, that's old money talkin', probably old English money.

3. Rothschild came out of gold in what, 2006-7? After they saw gold paper manipulation? Before they were fixing gold price in London daily. Correct me if I'm wrong.

4. Where would Rothschild put his money had he come out of gold? Maybe gave Buffet to buy silver?

5. Rothschild has extremely strong hand in Russia. Example former presidential candidate and paper-CEO of Norilsk Nickel, Michail Prokhorov, who has very vague understanding of economics (heard him speak) and buys British and NYC-based sports teams - instead of russian, go figure....unless he's just a front.

6. Russia Today, english language russian channel, runs interesting show with Max Keiser

7. Given all that... and the "collapse JP Morgan buy silver" Max Keiser's campaign...
Who wins if everyone buys silver?

[nerkvcbtre]

Who wins if everyone buys silver?

Ponce said he would buy us a Silver island if it tops 100.

You are either with us, or not...?

[strollerssfsfs]

According to Gresham's Law, the silver would never circulate. Bad money drives out good money.


Hatha