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Gold, platinum, silver that's availible - are people fooling themselves?
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<p>[QUOTE="Gipper1985, post: 823274, member: 22390"]You forgot to mention copper . . . sorry, just kidding.</p><p> </p><p>Speaking only for myself I have always felt a sort of attraction to gold, I think it has something to do with history. Many stories, fact and fiction, feature gold and treasure as the common spoils of conquest or adventure. However, I have always had a nagging voice in the back of my mind asking me what a modern day average person can actually do with gold or silver. </p><p> </p><p>I guess the main problem I have, for example, is in a place like Haiti, I doubt gold or silver has very much value right now. What would a dozen gold eagle's do for me if I was in that kind of situation. Food or medicine probably would hold much more value that a handful of gold. The only reason to own gold as I see it is if you believe that that the economy will remain stable over time and it can eventually be traded/sold for something of value. That is probably true of most things that are not essential for survival and worthless practically speaking, like baseball cards, for example.</p><p> </p><p>One thing that gold has going for it is an adverting campaign that began at the begining of recorded history. I am sure that there have been many commonly traded items throughout history that are long since forgotten, but the attraction to gold remains and that must be worth something.[/QUOTE]</p><p><br /></p>
[QUOTE="Gipper1985, post: 823274, member: 22390"]You forgot to mention copper . . . sorry, just kidding. Speaking only for myself I have always felt a sort of attraction to gold, I think it has something to do with history. Many stories, fact and fiction, feature gold and treasure as the common spoils of conquest or adventure. However, I have always had a nagging voice in the back of my mind asking me what a modern day average person can actually do with gold or silver. I guess the main problem I have, for example, is in a place like Haiti, I doubt gold or silver has very much value right now. What would a dozen gold eagle's do for me if I was in that kind of situation. Food or medicine probably would hold much more value that a handful of gold. The only reason to own gold as I see it is if you believe that that the economy will remain stable over time and it can eventually be traded/sold for something of value. That is probably true of most things that are not essential for survival and worthless practically speaking, like baseball cards, for example. One thing that gold has going for it is an adverting campaign that began at the begining of recorded history. I am sure that there have been many commonly traded items throughout history that are long since forgotten, but the attraction to gold remains and that must be worth something.[/QUOTE]
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Gold, platinum, silver that's availible - are people fooling themselves?
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