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<p>[QUOTE="medoraman, post: 4191927, member: 26302"]Yeah, a few million dollars and a lease on some land cannot create gold...... gold in your hand is every bit as created as a bushel of corn.</p><p><br /></p><p>As for lasting thousands of years, I worry about a few months. How many people need to have a store of value for thousands of years with the average life expectancy of 72 years?</p><p><br /></p><p>Like I said, a compact commodity to barter with, all pm is a good choice. Rhodium is better since it's more compact and rarer IMHO. So are high grade ancient for that matter. Ancient coins, (metal value irrelevant), are also a fantastic choice. They, along with diamonds, actually do have a reputation for international smuggling they are so handy at it.</p><p><br /></p><p>Btw [USER=90102]@TheFinn[/USER] no disrespect meant with the disagreement. I am an ancient collector, and know intimately the origin of coinage and money. One of the main points we did not solve until later was government sanction so it could be traded freely. There were lumps of bullion for thousands of years, but were never "money" because each exchange purity, weight, value had to be negotiated. Only with government guarantee did the bullion become "money" to most people's view. Valuable, yes, but not "money".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4191927, member: 26302"]Yeah, a few million dollars and a lease on some land cannot create gold...... gold in your hand is every bit as created as a bushel of corn. As for lasting thousands of years, I worry about a few months. How many people need to have a store of value for thousands of years with the average life expectancy of 72 years? Like I said, a compact commodity to barter with, all pm is a good choice. Rhodium is better since it's more compact and rarer IMHO. So are high grade ancient for that matter. Ancient coins, (metal value irrelevant), are also a fantastic choice. They, along with diamonds, actually do have a reputation for international smuggling they are so handy at it. Btw [USER=90102]@TheFinn[/USER] no disrespect meant with the disagreement. I am an ancient collector, and know intimately the origin of coinage and money. One of the main points we did not solve until later was government sanction so it could be traded freely. There were lumps of bullion for thousands of years, but were never "money" because each exchange purity, weight, value had to be negotiated. Only with government guarantee did the bullion become "money" to most people's view. Valuable, yes, but not "money".[/QUOTE]
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