On 2021-02-23 08:32:34 Vrik said:
Google says: The 2020 Krugerrand 1 oz Silver Coin coin contains 1 troy ounces of silver bullion. The melt value of one 2020 Krugerrand 1 oz Silver Coin coin is $27.50 based on the current silver spot price.
$27,50=R400
On 2021-02-23 09:40:24 john_adams said:
@Vox , Kruger rand is real money , the paper money we use is the fake stuff
"Although Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989"
I know many people do not understand the difference between MONEY (GOLD , SILVER or other commodities ) and CURRENCY the paper we use to represent it and FIAT CURRENCY the toilet paper the government use to bullshit us ( we assume it's backed by commodities when in fact it's worthless and losing value by the hour)
here is a good explanation that shows why most people stay poor
www.youtube.com/watch
On 2021-02-23 09:43:13 john_adams said:
@Loux do you only have one ? did you buy it at scoin as a souvenir?
because most silver bulls ( WARREN BUFFET being one) buy sleeves at a time , I am patiently waiting for Buffet to corner the silver market , I will become a lot wealthier in just a few hours