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<p>[QUOTE="medoraman, post: 1226355, member: 26302"]Can't? I dispute with every post, and you are the one who has not convinced me or others why it is "more" than a commodity except for your fascination with it. </p><p><br /></p><p>From Wikipedia: </p><p><br /></p><p>"A commodity is a good for which there is demand, but which is supplied without qualitative differentiation across a market.[1] A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it. Examples are petroleum and copper."</p><p><br /></p><p>Also:</p><p><br /></p><p>"Well-established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, salt, sugar, coffee beans, soybeans, aluminium, copper, rice, wheat, GOLD, silver, palladium, and platinum."</p><p><br /></p><p>I know wikipedia has faults, but I believe you will find identical passages in any encyclopedia or dictionary.</p><p><br /></p><p>You in your own mind have stated gold is "above" the petty term commodity. Pretty much the rest of the world accepts the fact that it is in fact a commodity. Nothing in this thread has changed that fact, as much as you try.</p><p><br /></p><p>Fatima, sorry but I am now done with this thread. Your tone on any reply is petty, derisive, and twists any and all posts I make. You always take one sentence out to ridicule while ignoring the majority of the post, as I am sure you will do with this one. Your tone here is not conducive to discussion, as any disagreement with your point of view is treated condescendingly as if the other person is either stupid or simply not intellectually capable of understanding your "truth". I am sorry, but investment is not religion, and anyone who religiously believes in an asset usually are disappointed at some point.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1226355, member: 26302"]Can't? I dispute with every post, and you are the one who has not convinced me or others why it is "more" than a commodity except for your fascination with it. From Wikipedia: "A commodity is a good for which there is demand, but which is supplied without qualitative differentiation across a market.[1] A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it. Examples are petroleum and copper." Also: "Well-established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, salt, sugar, coffee beans, soybeans, aluminium, copper, rice, wheat, GOLD, silver, palladium, and platinum." I know wikipedia has faults, but I believe you will find identical passages in any encyclopedia or dictionary. You in your own mind have stated gold is "above" the petty term commodity. Pretty much the rest of the world accepts the fact that it is in fact a commodity. Nothing in this thread has changed that fact, as much as you try. Fatima, sorry but I am now done with this thread. Your tone on any reply is petty, derisive, and twists any and all posts I make. You always take one sentence out to ridicule while ignoring the majority of the post, as I am sure you will do with this one. Your tone here is not conducive to discussion, as any disagreement with your point of view is treated condescendingly as if the other person is either stupid or simply not intellectually capable of understanding your "truth". I am sorry, but investment is not religion, and anyone who religiously believes in an asset usually are disappointed at some point. Chris[/QUOTE]
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