GOLD 0.51% $1,391.7 gold futures

Peter Schiff on Gold, page-159

  1. 5,237 Posts.
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    To all with the exception, of course,  of All4one,

    There are people that, unfortunately, cannot understand what they are posting, and that is sad and worrying as it can be indicative of some form of degenerative cognitive disease.

    He tells us, I quote: These, however, although having the status of legal tender, are almost never circulated or used in payment of debts, and are mostly considered bullion coins.

    But notwithstanding  that he goes on insisting not only that such coins are in circulation but also that because of their existence gold is a currency.

    By the way, a bullion coin is a coin struck from precious metal and kept as a store of value or an investment, rather than used in day-to-day commerce.
 
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