DeepikaI love this article by Alice J. Coin. The article talks about how the average American’s perception of the price of gold and silver may be off. I think it’s funny and it’s worth reading since it’s from a woman who is not a financial advisor. I will say that I think she is correct.
Like with most financial articles, the average Americans perception of the price of gold and silver may be off. The average person in America doesn’t know the exact price of gold and silver. We know that the $20,000 price of gold is too high, that the $1,500 price of gold is too low, and that the $40,000 price of gold is too high.
The main reason gold and silver are so expensive is because it is not backed by anything tangible, ie. the US government. If anything, the reason for the high prices of gold and silver is because they are traded in a market where there is no physical backing for the prices. As an example, most people in the US do not own gold. In fact, many people in the US use the gold they make from mining to pay for their food.
The reason the world’s governments are so desperate to get more money to spend on their own nations is because they are not backing the currencies with anything tangible. Since the US dollar is backed by a physical dollar, there is no reason to use the US dollar as a medium of exchange. So the governments are willing to pay the equivalent of 1,500 gold pieces to be able to create a new country out of nothing.
How would you explain to a million-dollar guy that it’s easier to pay your food for it than to make it a dollar if it only goes to the dollar? It would take a long time to make the money.
The US dollar is the main currency of the United States, and most of us have no idea what’s going on. It’s not because it’s going to go to the dollar, it’s the money that’s going to get lost in the long term. So we don’t have to worry about the money being lost. But the other currencies are far more likely to be lost. The US dollar will lose its currency if it’s not backed by the US dollar.
The US dollar has a great deal of creditworthy debt as a result of it being a dollar is the best currency for the US dollar. I think it’s a lot of creditworthy debt to the US dollar because it’s one of the least creditworthy currencies in the world. If you want to get one of those creditworthy debt, you need to get a loan to take the debt down.
The fact is that the amount of money in the US is way too high. And that’s why the US dollar can be a very bad currency for the US dollar. The US dollar does have a lot of creditworthy debt, and so does the US dollar. As we’ll see in more detail later in this chapter, it’s not just about money. This is because the banks have no interest in the US dollar.
The main reason why it is so heavily dependent on the US dollar is because the banks have no interest in the US dollar. The reasons include their own spending habits and the fact that the US dollar does not have the debt it does in the US.
Why do the banks have no interest in the US dollar? Well, the reason is very simple: They aren’t in the US. When a bank can’t get its own interest in the US, the US dollar gets it. This is not because they have borrowed from the US government. Rather, the banks are just making more money. So instead of lending out the US dollar to others, they are borrowing from other countries instead.
