Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver getting crushed today
>
Reply to Thread
Message:
<p>[QUOTE="chascat, post: 3519526, member: 76792"]With appx. 34,000 tons of known gold reserves worldwide, there would only be appx. .0155 oz. of gold wealth per person. Not much wealth per individual in today's economy. Gold alone can no longer sustain wealth as it did in past decades with much lower populations. Even inclusive accumulations of jewelry, coins, bars, and unmined gold would still not make a dent in worldwide economies. Include all known reserves of all other precious metals, gemstones. and unmined gemstones and precious metals, and there would still not be enough bounty to sustain 7,000,000,000 people. The real value in worldwide wealth may only be considered in gross national product, and faith of the economy as our dollar and other world currencies represent. In the event of massive worldwide economic collapse, precious metal values may soar to inconceivable amounts, but at what cost to human sustainability?[/QUOTE]</p><p><br /></p>
[QUOTE="chascat, post: 3519526, member: 76792"]With appx. 34,000 tons of known gold reserves worldwide, there would only be appx. .0155 oz. of gold wealth per person. Not much wealth per individual in today's economy. Gold alone can no longer sustain wealth as it did in past decades with much lower populations. Even inclusive accumulations of jewelry, coins, bars, and unmined gold would still not make a dent in worldwide economies. Include all known reserves of all other precious metals, gemstones. and unmined gemstones and precious metals, and there would still not be enough bounty to sustain 7,000,000,000 people. The real value in worldwide wealth may only be considered in gross national product, and faith of the economy as our dollar and other world currencies represent. In the event of massive worldwide economic collapse, precious metal values may soar to inconceivable amounts, but at what cost to human sustainability?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver getting crushed today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...