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Message:: [QUOTE="medoraman, post: 1604989, member: 26302"]Well, my response would be the real USD is US bonds. Currency and coinage are simply US bonds bearing zero interest, so they are horrible long term stores of value. However, a bond is better since you do get interest and are redeemable for FRN. As to stability, are you claiming US bonds or FRN's are MORE volatile on a yearly basis than PM is? Would we like a chart showing yearly stability over the past 35 years? I choose 35 since it was illegal to own gold before then in the US, so a chart would tell us nothing. Sorry, a bunch of Wiki links are not changing my mind. I think most people define "money" as what you get paid in, and what you can buy goods and services in. So now you are saying "money" has absolutely nothing to do with what we use day to day to buy things? If so, I think your definition of "money" has jumped the shark. The only thing a court will count as you settling your debt is not "money"? The only thing the US government will accept as payment is not "money" but something else? The only thing you legally demand from your employer is not money, but some kind of "token of exchange" according to Wikipedia? Not picking on you, but sounds like a bunch of ivory tower twisting of common sense words. MONEY is what I can feed my family with. Its what listed in my bank account, and without which I cannot pay my bills. Yes, I can SELL my PM and get more MONEY, or I can BUY PM and trade MONEY for PM, but until the gas station accepts my 3 ASE's for a tank of gas on my pickup, I cannot consider PM "money" as there is literally nothing outside the coin collecting world I can buy with it. Just my opinion. Chris[/QUOTE]

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