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<p>[QUOTE="fatima, post: 1224356, member: 22143"]As I said before, personal anecdotes are irrelevant unless you are willing to provide some proof that it matters. While it's important to you, it's not to anyone else looking to discuss holding gold. </p><p><br /></p><p>I shouldn't keep having to say this, but conditions prior to 1971 have nothing to do with where we are today. The US government defaulted on the $ then, and hence this is when we went completely fiat. This is when the Gold - Oil - USD was established. While the rest of the world hates it, and Vladimr Putin addressed it again just yesterday, this is what the world dances to. This is why Gold is different than all other PMs and isn't just a commodity like a bag of sugar.</p><p><br /></p><p>I agree that Silver might be like a bushel of pork bellies, but not gold. I've given the exact reason.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1224356, member: 22143"]As I said before, personal anecdotes are irrelevant unless you are willing to provide some proof that it matters. While it's important to you, it's not to anyone else looking to discuss holding gold. I shouldn't keep having to say this, but conditions prior to 1971 have nothing to do with where we are today. The US government defaulted on the $ then, and hence this is when we went completely fiat. This is when the Gold - Oil - USD was established. While the rest of the world hates it, and Vladimr Putin addressed it again just yesterday, this is what the world dances to. This is why Gold is different than all other PMs and isn't just a commodity like a bag of sugar. I agree that Silver might be like a bushel of pork bellies, but not gold. I've given the exact reason.[/QUOTE]
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