By Bob Shapiro
Silver Dollars are US money – Congress says so. In previous articles, we’ve discussed how to incorporate them into everyday commerce, allowing you to buy (POS) and sell (Invoicing) things, pay salaries (Payroll), and handle most ordinary transactions (Bill Pay) using Silver Dollars.
We’ve seen how you can use an Account to safeguard your Silver Dollars, while allowing you to deposit more and to make withdrawals. Today, we’ll look at how you can make investments denominated in Silver Dollars.
Suppose that you wanted to buy 100 shares of IBM. You could open an account at a brokerage house, deposit sufficient funds in Paper Dollars, and then instruct them – as your agent – to buy the shares for you.
They would handle the transaction, billing your Paper Dollar account, and keep your shares in their name for you. But, if you want the purchase, and/or later sale, transacted and accounted for in Silver Dollars, they cant help you. They just are not set up to work with Silver Dollars.
Now, Cambi is not a stock broker – just as we are not a bank. But, what we can do is order an item you desire, purchase it ourselves, and then resell it to you. We would add on a small profit, rather than the commission that a broker would charge. This is just as any merchant would do for any item that you would care to special order.