Matches for usagi, 1827 total results Sorted by newest | relevance
Sat Aug 23 10:08:00 UTC 2014 <usagi> But in any other case, if you give someone your gold and they pay you to hold it, the deal is that at some point in the future you won't be able to get it back
Sat Aug 23 10:07:33 UTC 2014 <usagi> The only way I can imagine someone paying you to invest your gold with them is if they were selling it for an inflated price. I used to do that with TU.SILVER, I front-loaded my fee and the shipping cost into the share price
Sat Aug 23 10:03:56 UTC 2014 <usagi> So who's going to hold your gold... Normally you have to pay for such a service but here come these nice people offering to pay you money to hold it for you
Sat Aug 23 10:03:33 UTC 2014 <usagi> Especially if you're in the wrong country at the time
Sat Aug 23 10:03:19 UTC 2014 <usagi> If the wrong people find out it's in your house, they will come and get it from you (and they will, and they will get it)
Sat Aug 23 10:03:01 UTC 2014 <usagi> Let's say you have a reasonable amount of gold, more than a kilo say
Sat Aug 23 10:02:46 UTC 2014 <usagi> Hmm yes and no
Sat Aug 23 10:02:13 UTC 2014 <chetty> <usagi> actual and perceived value being completely different..//being the root of much evil
Sat Aug 23 09:59:54 UTC 2014 <usagi> It's actually impossible to ever redeem it. But the banks promise that they will buy back the gold you have on account with them should you want to sell it
Sat Aug 23 09:59:30 UTC 2014 <usagi> They allow you to invest in gold but they don't actually give you the gold.
Sat Aug 23 09:59:22 UTC 2014 <usagi> actual and perceived value being completely different.. in the case of the bank the perceived value is probably very high.. The banks around here have been doing the same sort of thing for years
Sat Aug 23 09:58:00 UTC 2014 <chetty> <usagi> Like if I promise to give you a thousand dollars at some point in the future, that has value//only if your promise has value
Sat Aug 23 09:57:37 UTC 2014 <usagi> "Investors may not hold gold in unwrought form according to South African law;" lol
Sat Aug 23 09:57:13 UTC 2014 <HeySteve> ;;gettrust usagi
Sat Aug 23 09:57:13 UTC 2014 <gribble> Currently authenticated from hostmask usagi!~tsukino22@unaffiliated/tsukino. Trust relationship from user HeySteve to user usagi: Level 1: 0, Level 2: -3 via 2 connections. Graph: http://b-otc.com/stg?source=HeySteve&dest=usagi | WoT data: http://b-otc.com/vrd?nick=usagi | Rated since: Mon Jun 18 12:33:55 2012
Sat Aug 23 09:54:52 UTC 2014 <usagi> Like if I promise to give you a thousand dollars at some point in the future, that has value
Sat Aug 23 09:54:17 UTC 2014 <usagi> Well steve, there is a difference between zero value and positive zero
Sat Aug 23 09:53:46 UTC 2014 <usagi> Almost every single word in the sentence is wrong
Sat Aug 23 09:53:15 UTC 2014 <usagi> I don't even know where to begin with stuff like that
Sat Aug 23 09:53:06 UTC 2014 <usagi> "In other words, for the first time "holding" gold will pay a dividend (or in this case, interest)."