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You should try paying your property taxes or buying a tank full of gas with your gold or silver. That will not be as easy as you assume it to be.

vtsnowedin wrote:You should try paying your property taxes or buying a tank full of gas with your gold or silver. That will not be as easy as you assume it to be.

When basic commodities aren't fungible, we all have far bigger problems, real world, like not starving to death, freezing to death, etc.

Meanwhile in the real world, if I decide to sell an appreciated asset for cash, and then use the cash to pay various bills, that's something I've been doing now and again for 40ish years now.

vtsnowedin wrote:You should try paying your property taxes or buying a tank full of gas with your gold or silver. That will not be as easy as you assume it to be.

Please don't apply completely logical thought to precious metal enthusiasts. Much like peak oilers, they have these quirks where all logic and common sense flee their brains while spinning their tales.