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<p>[QUOTE=&quot;medoraman, post: 1245844, member: 26302&quot;]I understand your concerns Winged, but your original question on this post was &quot;Are Gold and Silver money&quot;? The answers lies in the answer to this question:</p><p><br /></p><p>How much is silver today? Everyone, even on this board, will say XX dollars, (or Euros, etc). I bet no one will say, &quot;silver is xx grains of gold, or a big mac is XX grains of silver&quot;. Everyone states something&#039;s cost, value, etc in dollars, (euros etc). That answers the question as to what is &quot;money&quot;, and what is something bought with money.</p><p><br /></p><p>I just cannot see any of us paying in gold dust, or cutting an ASE in half to make change for a purchase in the near future. PM is a store of value, and a commodity to me, pure and simple. Is it a good thing to own? Yeah, but without a firm tie to what everyone around you accepts as money, it is not money. </p><p><br /></p><p>Btw, while the above graph is interesting, note aren&#039;t the major concern with the dollar. US Treasury obligations are the REAL dollars, and are how dollars are traded around the world daily. Notes are really only non-interest bearing &quot;little brothers&quot;, and they could be 3 Trillion in quantity and still not be the major dollar concern.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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