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<p>[QUOTE=&quot;-jeffB, post: 7855829, member: 27832&quot;]I agree, and that&#039;s why I&#039;ve moderated my position from its original &quot;gold is a commodity, <i>period</i>.&quot; Yes, every commodity has unique properties that make it different from other commodities -- but with gold, those unique properties are a fairly big deal.</p><p><br /></p><p>Our government manages (&quot;manipulates&quot;) the money supply in an <i>effort</i> to maintain a low but positive inflation rate. As a result, the value of the dollar is <i>forced</i> to decrease over time. So the price of gold, or land, or corn, or labor, will tend to rise over time.</p><p><br /></p><p>But those prices will fluctuate <i>against each other</i> as well, with an hour&#039;s labor earning more or less gold or corn or land. So saying &quot;gold is the standard of value&quot; and &quot;gold&#039;s value doesn&#039;t change, it&#039;s the dollar&#039;s value changing&quot; -- well, that definition of value is <i>valid</i>, but it isn&#039;t <i>useful</i>, at least to my mind.[/QUOTE]</p><p><br /></p>

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