6 hours ago1 point(+0/-0/+1Score on mirror)2 children
I went to go exchange silver for cash. I needed the cash but I don't need silver.
The guy at the pawn shop advised me to hold on to the silver for now. He can't give me more than 50% of the market value, and the best guys in the entire region can't do better than 75%. He said that things were backed up and actually moving the silver is hard right now.
Once the market settles down, he'll be able to move the silver and he'll be able to give me a good price for it.
My point is this: dollars were never worth anything. It is all a fantasy. Never hold on to cash for any reason. Always buy something that has intrinsic value or better yet, will create future value.
The guy at the pawn shop advised me to hold on to the silver for now. He can't give me more than 50% of the market value, and the best guys in the entire region can't do better than 75%. He said that things were backed up and actually moving the silver is hard right now.
Once the market settles down, he'll be able to move the silver and he'll be able to give me a good price for it.
My point is this: dollars were never worth anything. It is all a fantasy. Never hold on to cash for any reason. Always buy something that has intrinsic value or better yet, will create future value.