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Gold, platinum, silver that's availible - are people fooling themselves?
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<p>[QUOTE="BDA, post: 823220, member: 23590"]Good question.</p><p> </p><p>The issue as I see it is that these PM's have a history going back millenia, of having "worth" in every culture. Other commodities dont. The value of other commodities is fleeting, because they dont have a shelf life like PM's. </p><p> </p><p>Gold is gold, no matter if its mined in Mexico.. uganda... the north pole. No matter if its used in circuit boards.. or earrings.. or coins. Its gold. </p><p> </p><p>Corn.. steel... cotton... ect.. ect.. Aren't. They have a shelf life.. and are only worth what the buying world is willing to pay to meet the needs of that particular day. 25 years from now.. that steel value is gone, the cotton value is gone... the corn is gone. The gold is still sitting there, ready to be turned into anything you wish.</p><p> </p><p>Just my opinion of course...[/QUOTE]</p><p><br /></p>
[QUOTE="BDA, post: 823220, member: 23590"]Good question. The issue as I see it is that these PM's have a history going back millenia, of having "worth" in every culture. Other commodities dont. The value of other commodities is fleeting, because they dont have a shelf life like PM's. Gold is gold, no matter if its mined in Mexico.. uganda... the north pole. No matter if its used in circuit boards.. or earrings.. or coins. Its gold. Corn.. steel... cotton... ect.. ect.. Aren't. They have a shelf life.. and are only worth what the buying world is willing to pay to meet the needs of that particular day. 25 years from now.. that steel value is gone, the cotton value is gone... the corn is gone. The gold is still sitting there, ready to be turned into anything you wish. Just my opinion of course...[/QUOTE]
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Gold, platinum, silver that's availible - are people fooling themselves?
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