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<p>[QUOTE=&quot;mikem2000, post: 1863383, member: 30574&quot;]No that is not correct.&nbsp; For every one thing that you can name that cannot be created out of thin air and is valuable, I can name 10 things that cannot be created out of thin air that have little or no value.&nbsp; The point is irrelavant.&nbsp; Value comes from demand&nbsp; There are also many things that can be created from little or nothing and be valuable.&nbsp; How about apples? (the fruit not the computers)</p><p><br /></p><p><br /></p><p><br /></p><p>Really?&nbsp; The US has around $130 Billion in Gold (I think ) in a $17 TRILLION dollar ecomony, a mere drop in the bucket.&nbsp; How much financial power could that Gold really hold.&nbsp; Almost nothing...&nbsp; The financial strength of the US comes from its Industry and service, not from what really comes down to a few pennies in the ground.</p><p><br /></p><p><br /></p><p><br /></p><p>The ultimate currency???&nbsp; It is not even a curency at all in any nation of the planet.&nbsp; Has not been for quite some time.&nbsp; </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Are saying Gold is the one and only thing that has indisputable value?&nbsp; Obviously this is not true</p><p><br /></p><p><br /></p><p><br /></p><p>The modern day Emperors of today, like the Walton&#039;s and Buffets of the World seem to have a different view.&nbsp; They prefer assets that grow and build wealth.&nbsp; I don&#039;t believe Buffet has any Gold at all.&nbsp; Things change.&nbsp; It is not good strategy to own Gold because an Emperor 2000 years Gold had some.&nbsp; Makes no sense</p><p><br /></p><p><br /></p><p><br /></p><p>Ok, so you are saying Fiat currency deflates and Gold does not.&nbsp; This is not a News Flash Every one on this board has agreed with this.&nbsp; No one on this board has every recommneded storing wealth in Fiat Currency.&nbsp; There are many other choices to store wealth.[/QUOTE]</p><p><br /></p>

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