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<p>[QUOTE=&quot;medoraman, post: 1179957, member: 26302&quot;]What I don&#039;t get is why are so many people stuck in a gold mindset.</p><p><br /></p><p>Look at it this way, 2500 years ago we were agrarian people. Most things produced were disposable, not much long lasting items were produced, and PM was about the only store of value that wouldn&#039;t rot. Ok, then it makes perfect sense to use PM as a store of value.</p><p><br /></p><p>Fast forward to today. Is PM STILL the only thing we manufacture? We make computer chips, airplanes, industrial equipment, buildings, dams, etc etc. Why is PM or gold the ONLY commodity worthy of our worship? I call it worship because it seems gold bugs have a religion based upon acquiring and holding it. Basing world economies on one single commodity seems just retarded. Why not pick molybdenum, aluminum, graphite, or silicon if you want to base an economy on a single commodity. Why pick the one commodity that has almost no use for it? Is it &quot;the chosen one&quot;? What would happen if we did this and we found a massive, pure gold asteroid? Or, what if for some reason our major gold mines failed. This is the danger of tieing an economy to one single commodity.</p><p><br /></p><p>Has humankind not advanced one year the last two and a half millenia? Or is it just a religion that all devotees do not question the gospel?[/QUOTE]</p><p><br /></p>

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