I think I see where we drifted apart on this, one under god.

>>if i had the shillings..the 300 pounds represented
i could stil buy a house..with the silver value..in my shillings
if you held the 600 dollars..in notes
you could pay the water bill
you have made my case<<

Your position is that metal is useful for savings.

I can't disagree with that, as a generalization. You will have exactly the same amount at the end of the period as you did at the beginning. Congratulations.

But the question remains: If the silver that you bought for (say) fifty bucks is now worth $600, have you actually gained? Because the chances are very high that it would also have been just enough for the water bill, back then.

I was under the impression you wanted to use it as currency, not take it out of circulation.

No-one in their right mind puts paper money under the mattress these days - the bedbugs will eat it, for one thing. But for the exact reason that money is relative, not constant, it doesn't make a blind bit of difference if you are paid in paper money or in copper coins... unless your only objective is to store it away so that it "retains" its value.

Guess what.

You can do that today. Buy copper. Stick it in a safe place. Bring it out when you need it and say "look, my pound of copper is now worth five bucks, and I bought it for four. Yippee".

So it is entirely unnecessary to turn the entire system into metal - it would be far too cumbersome and unwieldy to carry around a pound of copper to exchange for a cup of coffee of a morning.

Think of the poor barista.

why...is it a blind spot..for you
600$ equals 300 pounds

one pound..was redeemable in shillings
ie one pound of shillings..for a one pound note

now lets say i had 300 pounds
that i converted into silver/shillings
[and you had 300 pounds..you convetred into 600 dollars]

today..you still have $600 face-value dollars
and i still hold 300 POUNDS..weight* of silver

the talk is
that there is a run on silver
people getting out/of their dollars
http://www.youtube.com/watch?v=JrKfP34xi1E
and gold
http://www.bloomberg.com/news/2011-04-27/gold-climbs-nearing-record-on-investor-concern-currencies-to-extend-drop.html

a shortage of silver
http://snardfarker.ning.com/xn/detail/2649739:BlogPost:373960?xg_source=activity

media saying..sell us your silver gold
http://www.youtube.com/watch?v=C11cXXwUd1A

silver is expected to hit $50 buck's
http://revolutionarypolitics.tv/video/viewVideo.php?video_id=14732

or 52/56..per oz soon
http://www.activistpost.com/2011/04/52-to-56-silver-by-mid-year-update.html

20 ounces..the pound?
times 50$
=1000

times 300
=300,000..$$$$$$

im holding real value
[near the price..of a house..today]

you hold 600 dollars
face value..in dollar notes

i think blind freddy can see
even at 25 bucks an oz

i still got $150.000
and you still got $600

i last bought silver..at 19 bucks an oz

really i dont care..if you do or not
[and im not bying anymore]..

i bought when i saw value
todays price isnt a bargin
[for me]..

but even so
im not ready to go bying coffee..with my shillings

you do as you like
with your fiat/paper notes

noting if you had kept..EVEN your pound notes
their collectable value..is way abouve $600

yes my objective was to store away the value
i still have no idea what you intend

but the fact is
the nickle/metal in the coin
currently is near its face/value

once we hit the next inflation cycle..
its face/value
falls below the value of its metal content
just like happend to silver
and gold before it

and the last one
[copper coin]

that had a face/value of one cent
but a copper-value of 5 cents

and
[no
im not bying coffee ..with them either]

and yes i keep every coin..
prefering to spend my notes

in time..who knows

i may sell one..
or may sell the other

or just keep spending my notes

and collecting my coins
seeds/stamps/watches/books..etc etc

perry i thought you would at least
respect the difference between
quality and quantity

after all its that which distinguises
the common from the toff

let the common hold common/stocks
and the 'others' hold voting/stocks
[the mug..day-punters
wouldnt know the difference]

but mate
lets at least here,,*be honest

you know quantitive'easing' has failed
the so called trickledown/affect..
simply speaking dont trickle/down

so its time we tried QUALITIVE*easing
[as mentioned abouve]..by adding a..'0'
to all coinage..

ie..we bailout the poor..
for whome coin still holds a value

not the rich with 'quantity'..[quantitive easing]..
of credit and paper
that they 'invest'..in on paper/resources
..or take overs..[that dont add econominc value..

only increases monetry prices..and
eventually inflation...[devaluing ever more true-values]

by driving up the cost of fuel/food/resources
and other consumables and value assets..like gold/silver etc
let alone pay or savings

top/down
trickle/down affect..has failed hugely
its time govts saw..the sense in adding value..to cents

all of a sudden the poor..*got spending money..
they can consume ..can pay-off debt...
make the rich richer

ok the adding
of two..'00'[zero's]..was more fair
but could be phased in..after govts legislated
for it to be disbursed out again..in wages/govt pensions/grants...

[maybe there can even be
laws..against instuitutional hoarding]

or simply declare it overnight*

..[the trouble being those asked for advice..will be insider/trading..

but im relaxed..your the only money changer i know]

how hard could it be to force banks..and big business
to declare their holdings..[over night]..just like a oathed/bonded..stocktake..

and govt the next/day begins isusing
coin back out to the people...with an over-print
or reserected..*copper coin image..on nickle

[us collecters would see the sheer numbers
and realise they dont got collectable value and wont hoard,..at the new value][even the new coin

us investers will get/in..while the value is there
to spend the added value

boosting govt gst tax from business
reaping in the extra spend..as the poor find temporary wealth

with the one zero
the extra caution isnt needed

but with the double zero
super boosted qualitive easing..it becomes a must

paper values stay the same
international exchange/values unchanged
as they only exchange notes..and credit

the coin-age need not end
in fact the coinage...can save us

please offer disadvantages..
there are some

but its not my job to se-con-nd guess
what the greedy or needy do