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<p>[QUOTE="BDA, post: 823732, member: 23590"]However, we dont live in an island unto ourselves. We have to exchange with others to survive.. otherwise, why would the guy responsible for "clean water" go to work?</p><p> </p><p>Corn sustains us... sure... as do many things. How are those things paid for? The farmer doesn't trade corn for what he needs, like tractors & fuels. He does it for cash. As does everyone. Its the medium of exchange.. its what the world has decided is valued for exchange.</p><p> </p><p>For millenia, man has grown, invented, created.. and no other item has been valued as much as gold, excepting weapons.</p><p> </p><p>Medicines.. clean water.. are paid for & created by people who are paid to do so... they dont do it for trade in commodities, but cash. </p><p> </p><p>Of course, gold is just a rock. Its not needed to sustain us, in a perfect world were everyone lives in a communal state of no need beyond the absolute basics. That world doesn't exist. Cash, in whatever form, is king. Therefor, there will always be a need for gold & silver, in some form.</p><p> </p><p>Manufactured goods, grown goods cannot become the new gold. You can always make more.. what value can be placed into something like that? Its like printing more paper money.. sure, you can print billions.. doesn't make it worth billions.</p><p> </p><p>The reality is, we all have 'wants' beyond daily survival. Gold paved that way... the economic world we live in has allowed us all to be sitting here, discussing it, on a computer. Not corn. Can't buy a computer with corn.. unless you are a corn farmer who got paid cash for your crop.</p><p> </p><p>A person in haiti.. or any poor nation on the planet, with a handfull of gold, would no longer be there. Of course, in an apoctylptic scenario, gold has little value compared to food & water. In a scenario like that, guns & ammo would be the new currency. But are we debating a "Road Warrior" scenario? Or reality?[/QUOTE]</p><p><br /></p>
[QUOTE="BDA, post: 823732, member: 23590"]However, we dont live in an island unto ourselves. We have to exchange with others to survive.. otherwise, why would the guy responsible for "clean water" go to work? Corn sustains us... sure... as do many things. How are those things paid for? The farmer doesn't trade corn for what he needs, like tractors & fuels. He does it for cash. As does everyone. Its the medium of exchange.. its what the world has decided is valued for exchange. For millenia, man has grown, invented, created.. and no other item has been valued as much as gold, excepting weapons. Medicines.. clean water.. are paid for & created by people who are paid to do so... they dont do it for trade in commodities, but cash. Of course, gold is just a rock. Its not needed to sustain us, in a perfect world were everyone lives in a communal state of no need beyond the absolute basics. That world doesn't exist. Cash, in whatever form, is king. Therefor, there will always be a need for gold & silver, in some form. Manufactured goods, grown goods cannot become the new gold. You can always make more.. what value can be placed into something like that? Its like printing more paper money.. sure, you can print billions.. doesn't make it worth billions. The reality is, we all have 'wants' beyond daily survival. Gold paved that way... the economic world we live in has allowed us all to be sitting here, discussing it, on a computer. Not corn. Can't buy a computer with corn.. unless you are a corn farmer who got paid cash for your crop. A person in haiti.. or any poor nation on the planet, with a handfull of gold, would no longer be there. Of course, in an apoctylptic scenario, gold has little value compared to food & water. In a scenario like that, guns & ammo would be the new currency. But are we debating a "Road Warrior" scenario? Or reality?[/QUOTE]
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Gold, platinum, silver that's availible - are people fooling themselves?
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