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<p>[QUOTE=&quot;Drusus, post: 1633984, member: 6370&quot;]&quot;This is fact and is not disputable.&quot; </p><p><br /></p><p>Well then...you say it can&#039;t be disputed so no need for further conversation.</p><p><br /></p><p>In fact all that I listed are are fungible as they can be cut in exact and varied sizes and valued no differently than gold and certainly stones don&#039;t burn to ash.... but in reality these 4 requirements are simply not what gives gold its perceived value or why it was chosen to play the role it has played. </p><p><br /></p><p>The value of gold was indeed set by man long before money...and before gold was ever used as it is now. I would continue to maintain that there are numerous other things that could be used as a unit of value and I assume with your posts you accept that gold has had no other real use for most of the history of mankind thus you accept its relative uselessness in a practical sense save for the fact it fits a few requirements to make it more ideal for us to say &#039;it is wealth and highly valuable&#039;. Those who made this choice chose gold for several reasons. Already a luxury item and a sign of wealth long before the coin was invented, resistant to corrosion, they control the land, the means of extraction and production, it must be mined, refined and formed, so it is almost unobtainable in any significant amount by the common man thus controllable, and of course there is no other use for the stuff. </p><p><br /></p><p>This is not to say that gold, like most metals, doesn&#039;t have properties that would make it a useful commodity...the problem is the inflated valuation that makes its use cost prohibitive.[/QUOTE]</p><p><br /></p>

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