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<p>[QUOTE=&quot;Drusus, post: 1634810, member: 6370&quot;]Well, the bible said you should tie your daughter to a post and stone her to death if she has premarital sex so lets not use it as a source...simply because ancients did something means nothing. It hasn&#039;t been used as currency for all of human history.</p><p><br /></p><p>We are getting somewhere as you acknowledge that gold has &#039;no value outside the human mind&#039; but you err when you say all things are that way...food, trees, oil, diamonds etc...these have value to us for very practical, and sometimes very&nbsp; crucial reasons...not because we think they do...because we have real practical need for them, many things we put value on we must have to survive. </p><p><br /></p><p>You are now falling back on the supply and rarity issues that are more a common reason why it is valuable but still admit that other than as a currency or a store of value it really has had no real practical use historically to recommend its high value...because with most things, if its rare but has no real use, its rarity alone doesn&#039;t mean high value. Then you say that its value isn&#039;t inflated...right after you acknowledge that is relatively worthless save for being a bit more ideal at being a medium for fiat value....and to be honest...some might argue its not very ideal as a currency and that is why it isn&#039;t used as a currency anymore...</p><p><br /></p><p>What about Nickel? It would serve your criteria far better than gold anyway so why don&#039;t we horde and base our economy on that? Its also finite, durable, etc...</p><p><br /></p><p>And oddly you say silver isn&#039;t as ideal because it has use in industry but it has historically been the metal used MOST for currency and both, today, are sold as commodities exactly the same way and both have modern uses in industry...</p><p><br /></p><p>My only point for being a part of this discussion was this: <b>gold has no value outside the human mind. <b>Since that (currency) is in fact really the only practical use gold has, and has always had.</b></b></p><p><b><b><br /></b></b></p><p><b><b></b></b>And we seem to be in agreement on that.[/QUOTE]</p><p><br /></p>

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