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What A Crazy Ride Precious Metals are on....What Gives?
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<p>[QUOTE="GDJMSP, post: 8581879, member: 112"]LOL ! Saw that coming <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>No, gold is NOT money. Money is nothing more than an idea that is agreed upon. And anything can be, and at various times throughout history has been, agreed upon to be used as money.</p><p><br /></p><p><br /></p><p><br /></p><p>Even if you do pick something arbitrarily it's value will continue to vary (go up and down) when compared to other things. Gold, silver, it makes no difference, all things have value, even plain old dirt has value, and if you think it doesn't go out and buy a dump truck load of it sometime and find out how much it costs you. But even the value of dirt rises and falls just the value of everything else rises and falls and it always has and always will. UNTIL a different idea is agreed upon. An idea that says the value of EVERYTHING will remain constant.</p><p><br /></p><p>Now seeing as how that has never happened in the entire history of man's existence, I rather doubt it's ever gonna happen.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 8581879, member: 112"]LOL ! Saw that coming :) No, gold is NOT money. Money is nothing more than an idea that is agreed upon. And anything can be, and at various times throughout history has been, agreed upon to be used as money. Even if you do pick something arbitrarily it's value will continue to vary (go up and down) when compared to other things. Gold, silver, it makes no difference, all things have value, even plain old dirt has value, and if you think it doesn't go out and buy a dump truck load of it sometime and find out how much it costs you. But even the value of dirt rises and falls just the value of everything else rises and falls and it always has and always will. UNTIL a different idea is agreed upon. An idea that says the value of EVERYTHING will remain constant. Now seeing as how that has never happened in the entire history of man's existence, I rather doubt it's ever gonna happen.[/QUOTE]
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