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Hi Nitroadict, yes I appreciate advise from my brothers and sisters across the oceans too! It's just I assume there might be certain things I need to look out for over here which differ from the US, Europe etc... also I suppose there are different prices, laws, taxes and fees, and local/specific...
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Hi all! I'm a 26 year old writer/software tester and I 'study' economics on Mises.org for about 30-40mins most nights after work and at weekends to learn as much as I can about liberty and economcs. I've been doing this for about a year now. I would very much like some advice about buying...
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I have recently used American Precious Metals exchange. www.apmex.com Here is why I settled there: 1. Low premium over spot. 2. Low shipping cost ($24.95 US per shipment, regardless of size (for me so far)) 3. They advertise both their sell and buy price for most forms of bullion. You can see price above...
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Point taken. However I'm not debating the form and makeup of a state, or indeed the virtues of anarchism! What I'm curious about is whether or not the core economic issue is the violent enforcement of a monopoly on currency ( by the state ). Fine, get rid of the FED - let the state control money...
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@ meambobbo Great post, just curious... So... perhaps what might be ideal is a completely open, free-market competition in actual currency? Gold, silver, paper money (backed 100% by X Y or Z) or e-gold, diamonds, vintage cheeses (joke!) or whatever the free-market innovates and finds most convenient...
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I still don't quite see the point in switching to a 'gold standard' at all. Why not completely abolish the enforcement of a monopoly on any single currency, be that pure gold, gold-backed, silver, fiat etc? Why not just have open competing currencies and let the free-market decide which is...
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BTW guys, I just found this site: http://www.gold-stocks.com/ It has a list of gold mining companies and how their stocks have been doing. I was recently thinking about buying stocks from some Canadian gold, silver, tin, and zinc mining companies.
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At one point states did produce their own coins, but this was stopped for reasons unknown to me (most likely because using federal paper to pay your debts is much more appealing in the short-run). Convincing an entire state to produce its' own gold and silver is a big challenge. Why not start with...