Danny,
Did you know that when stocks of share were first introduced, they were
redeemable at base/face value? Similar to a partnership where one party
wants out, shares could be returned to the company and sold at the base
value which was determined through the actual sale value of the
On Monday, October 27, 2003, at 02:10 PM, Robert B.Z. wrote:
1,000 shares are sold, goldslots.dom outexchanges the 1,000 ounzes to
pay
some new software it bought. People now hold 1,000oz worth of shares,
there are 1,000oz in circulation, do you see where I'm heading here?
In theory the number
Dear Robert,
Up to and just prior to the South Sea Bubble :o)
I remember those times. That Newton, what a hoot.
What you are talking about is par value. Many stocks
are now issued with zero par value and some with a
trivial par value.
The free market does seem to be willing to institute clever
Dear Robert,
Up to and just prior to the South Sea Bubble :o)
I remember those times. That Newton, what a hoot.
Be sure to read _Quicksilver_!
What you are talking about is par value.
Jim, are you saying that (as Rob mentioned and I quote pre south sea
bubble) that the par value of stocks
Has it appeared to anyone that we are essentially turning our gold into
paper when we invest in stocks? Just wondering.
I know, people will now argue that shares are traded in gold and
exchangeable only for gold and that therefore the share 'represent' gold.
By the same token, I'd argue that
On Monday, October 27, 2003, at 12:42 AM, Robert B.Z. wrote:
Has it appeared to anyone that we are essentially turning our gold into
paper when we invest in stocks? Just wondering.
I know, people will now argue that shares are traded in gold and
exchangeable only for gold and that therefore the
Danny,
Did you know that when stocks of share were first introduced, they were
redeemable at base/face value? Similar to a partnership where one party
wants out, shares could be returned to the company and sold at the base
value which was determined through the actual sale value of the company's
Did you know that when stocks of share were first introduced, they were
redeemable at base/face value?
Which historical period / region are you thinking about there, Robert ??
JP
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Which historical period / region are you thinking about there, Robert ??
Up to and just prior to the South Sea Bubble :o)
The times where people still believed that something had to be exchanged
in a fair trade. But as many a reputable business had issued shares and
used the revenue to
Has it appeared to anyone that we are essentially turning our gold into
paper when we invest in stocks? Just wondering.
I know, people will now argue that shares are traded in gold and
exchangeable only for gold and that therefore the share 'represent' gold.
By the same token, I'd argue that it
Dear Tien,
I read many posts about TGC share. Can you tell me
what is it? Sorry if this is a stupid question.
Any question you sincerely want to have answered is not a
stupid question. Questions asked out of ignorance are the
path to enlightenment.
TGC is The Gold Casino. Go there now to
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