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RE: #141 - Silver Is Getting Destroyed. Silver Sale Continues!!!

in #investment7 years ago

well guess the price will always be fixed until a day comes when the economy isn't reliant on fiat currency then we can know the true value of precious metals.

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Agreed and followed. I think fiat needs to go and we go back to a gold based currency that is traded through Crypto's. Not sure if this would work but it's worth a try.

Probably fiat doesn't need to go just need to be like what it is before to be backed by gold or something of substance. Think fiat is too entrenched in our system to be removed just like that. The problem is central banks can print money as much as they like without any standard to back up the printing and it is just ridiculous.

Yes I would agree. I don't know what system would work the best because there is always people out there that would find its weakness and pounce on it.

Couldnt agree more thats why hoping blockchain can make a difference since its decentralized. Fingers cross.

I am with you on that. 🤞

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