OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

drb2 @ 12:18 re: German negative interest rates

Posted by ipso facto @ 19:49 on March 13, 2015  

“IF we had real money. you should pay to have it safeguarded.”

But in this case the “money” being safeguarded isn’t gold, instead it’s depreciating fiat paper? To pay someone to hold your fiat and then they lend it out to others seems pretty crazy to me when you can buy gold and stash it in the ground and only pay once (the dealer’s percent) to do it, and have more safety as well. I just woke up so maybe I’m missing something.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.