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<p>[QUOTE="Revi, post: 1862726, member: 42843"]I think that gold has value because it is impossible to create out of thin air. We are trying, but it takes a lot of energy to create it out of the ore we have nowadays. Gold is power, especially for nations. What is the ultimate currency? Gold. It is the one thing that, if it's real, has indisputable value. They are giving all sorts of paper currency to the masses. The Chinese did the same thing. The commoners had the bronze coins to trade, while the emperor kept the gold. The Romans had the denarius, which became more and more devalued, while the plutocrats used the solidus, which was gold and didn't lose value since they were made out of gold. </p><p><br /></p><p>I am not a gold bug, but I can see why it is so revered. I am more of a silver bug, and like the fact that silver was what was used for commerce. Gold is a store of wealth, and has been since King Croesus. I don't see it losing it's role any time soon. I could be wrong, and maybe bitcoin is the thing to have...[/QUOTE]</p><p><br /></p>
[QUOTE="Revi, post: 1862726, member: 42843"]I think that gold has value because it is impossible to create out of thin air. We are trying, but it takes a lot of energy to create it out of the ore we have nowadays. Gold is power, especially for nations. What is the ultimate currency? Gold. It is the one thing that, if it's real, has indisputable value. They are giving all sorts of paper currency to the masses. The Chinese did the same thing. The commoners had the bronze coins to trade, while the emperor kept the gold. The Romans had the denarius, which became more and more devalued, while the plutocrats used the solidus, which was gold and didn't lose value since they were made out of gold. I am not a gold bug, but I can see why it is so revered. I am more of a silver bug, and like the fact that silver was what was used for commerce. Gold is a store of wealth, and has been since King Croesus. I don't see it losing it's role any time soon. I could be wrong, and maybe bitcoin is the thing to have...[/QUOTE]
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