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Gold prices and silver, 50 years?
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<p>[QUOTE="mikem2000, post: 1858995, member: 30574"]What makes you think Gold has value? There are some minor industrial uses for Gold, but that is about it. For the most part Gold is valuable because other people say it is. It is not much different fron fiat. Sure most people value Gold now, but that was certainly not always the case. Entire civilizations deemed Gold worthless. Who is to say that mindset won't prevail in the future. We just don't know.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1858995, member: 30574"]What makes you think Gold has value? There are some minor industrial uses for Gold, but that is about it. For the most part Gold is valuable because other people say it is. It is not much different fron fiat. Sure most people value Gold now, but that was certainly not always the case. Entire civilizations deemed Gold worthless. Who is to say that mindset won't prevail in the future. We just don't know.[/QUOTE]
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