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Re: bullion coin face values & paper money investing Posted on: Mon, 29 Nov 2004 08:51:48 PST

I missed the staff meeting but the minutes show Robert Sturgeon
wrote back on Sun, 28 Nov 2004 10:00:02 -0800 in
misc.survivalism :
>On Sun, 28 Nov 2004 05:30:02 GMT, pyotr filipivich
> wrote:
>
>(snips)
>
>>Witness the fur
>>trade in the Pacific Northwest in the early 1800s. Ship loads of scrap
>>iron from New England were traded "at par" for various furs. Both sides,
>>no doubt, thought the other an idiot for accepting such a one sided deal.)
>
>All free trade is based on a difference of opinion as to value.

Yep.

"Bad, bad" says the buyer,
But when he goes his way, he boast.".

Book of Proverbs, chapter 20 vs 14. written about 3000 years ago.


toodles
pyotr


--
pyotr filipivich
"With Age comes Wisdom. Although more often, Age travels alone."