Paulslist.comSubmitted by Goldspan on Wed, 02/25/2009 - 16:25
Everyone says now is the time to buy gold and I agree. But has anyone ever tried to sell gold, yes SELL gold. You can buy gold from just about anyone, but what happens when it’s time to get out. I bought some 1-ounce $50 gold eagles back in 2001 and needed some cash to fund a project this year. Not being a gold trader I was having a hard time finding anyone that would give me what I thought was a fair quote. Seeing the banner for Midus Resources at dailypaul.com I decided to give them a call and get a quote. Spoke to a real nice gentleman named Bob Maas and he quoted me a fair price, but he needed to have the coins in hand before he could give me a firm price. Well I decided to trust him because he was advertising on the dailypaul site, he must be an Austrian or like minded person, and so I trusted him. Let me say that Bob Maas is a man of his word, and so is his firm, Midus Resources. If you are in the market to buy or SELL gold these are the people you need to do business with.
Being a free market person, I started to wonder about the creation of a Paulslist. Modeled after Craigslist, the Paulslist would be liberty minded, free market thinking people that choose to support the businesses of likeminded individuals. We think government is the problem not the solution.
With a background in finance I’m not computer savvy enough to begin the first step in the process; the creation and maintenance of a Paulslist website. I’m soliciting support from you; the avid Ron Paul supporter who believes sound money is a common goal we can rally behind.
The second step is to populate Paulslist with people that meet the following requirements:
1) Your word is your bond…no if, ands or buts
2) You price your product or service in GOLD.
Why price our products and services in gold?
Our government has given us unsound money. We will take their unsound dollars and make them sound through self responsibility. Paulslist will be a community of individuals that believe in the principle of self reliance and self responsibility.
Here is the reasoning. We need to change the way people think about money.
We need to seek out likeminded people to buy our services and product from.
As time goes by, a market of likeminded people can cause change, the kind of change we need, the kind of change the State will never bring, a return to SOUND MONEY.
Start thinking in terms of gold; grains of gold.
Gold today is $1002.00
An ounce of gold has 480 grains
Price per grain today $2.09
Gallon of gas 2.09…..1 grain of gold….gallon of milk $3….1.44 grains of gold.
Car…..$15787.00…..15.7ounces…..7553 grains. …..
We may have to use dollars as the medium of exchange but we don’t have to think that way. When we start living in grains and others begin to see the insanity of living in fiat dollars, change will begin to happen. I believe in the free market.
Once this train starts rolling down the track and outsiders start losing business to Paulslist supporters, they will investigate and start thinking, then it can’t be stopped.
An example would be if I decided to return to the retail investment profession. I would charge my clients by the hour for professional services. (Little hint people, if you don’t use an hourly investment professional you need to be aware of what you buy because your advisor gets paid based upon your investment decisions.) If I charge $300 per hour for advice and there are 480 grains per ounce of gold then I would quote my services as 143.71 grains per hour.
As time goes by the price per ounce of gold may go up or down, and I can change the number of grains I would accept for my services, but if I remain constant and the price of gold goes up then the effects of inflation would be apparent to everyone and everyone would know that the government is responsible. Competitors outside this system may charge less and the grains per hour of service are not set in stone. I can change the grains per hour to stay competitive but it would be more evident of what the government is doing.
As time goes by, the free market with people trading with likeminded people can move this country back to SOUND MONEY.
We have to get past the blame game. It doesn’t matter who is to blame and it doesn’t matter who's fault it is, but until WE ALL get past who’s right and who’s wrong we will never address the problem. The problem is LACK OF SOUND MONEY, nothing else. We will never all agree on every detail, but SOUND MONEY is something we all agree on.
So let’s hear from all you people. Who’s going to step up and don’t tell me it won’t work, this is America people, the free market can rein true; you have to believe….and ACT!
The first firm I’d nominate for Paulslist is Midus Resources. Their name is as good as gold!