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Message:: [QUOTE="Billy Kingsley, post: 781143, member: 19456"]I absolutely HATE the term "fiat money" (Donn, this diatribe is not directed at you, but to the world in general) Metal, in and of itself, is NOT valueable. Not gold or silver. Or any others. I wish people would get over the mob mentality that has persisted for thousands of years.  Most people are not going to agree with me.  But THINK about it. Why do you think gold, silver etc are "valuable"? Because other people have told you so. You DON'T need it to live, you cannot eat it. I suppose, with enough of it, you could make a house out of it but you rarely see houses made of metal...to much of a chance of lightning striking I would guess.  It it was TRULY rare, they would not have been enough of it to make coins, and there would not be enough of it to collect those coins today.  The only real reason these metals are so expensive, is because the people who have them keep perpetuating the myth that they are rare, and that they are worth a lot of money, so THEY keep getting lots and lots of money into their wallet. (Maybe I would feel differently if I were one of those people who happened to have these so-called precious metals?) Think of this old saying: "If [soandso] tells you to jump off a bridge, would you do it?" No, that would be stupid.  I am hoping that someday, somehow...humanity will "wake up" and think for themselves. I don't see it happening in my lifetime, unfortunatly.  And by the way....THIS is a Fiat!<img src="http://images47.fotki.com/v1477/photos/3/348354/1968188/317053134-vi.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]

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