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<p>[QUOTE="Numis-addict, post: 1359826, member: 35784"]To me, this would make sense. Gold sits and does nothing. Silver is a useable metal, and to my understanding, that is the reason it is a Precious Metal. In my opinion, all precious metals but gold get used. Therefor, one day gold will be in large heaps and silver will be in electronics and high demand. So maybe you can say different, but it seems that the only reason gold has value is because it is not common. But wait... can you not find gold at most coin shops? And since it does not get used, does the market amount get larger yearly, making it sensible to drop in price. I guess that the only reason it has value is because it is just assumed to be because of small amounts and inability to access it long ago, thus making it have the effect that is must be great. A long long long long time ago(forgot the time, actually heard it on history's special "The Epic History Of Everyday Things") salt used to be fair trade for gold in the same weight(correct me if I heard it wrong). That is because it was liked and a luxury, and associated with value because rich people or kings were mostly the ones who could use it. It was hard to extract then, but not now. Is gold not the same? Perhaps the only reason that gold holds value is because of it's history, making every child want to have bars of gold, or a castle of gold, or anything else for that matter, made of gold. Also, the way things moved in this thread (up to page six, at least, as far as I have read) indicate to me that in order to find how the price of silver, or how things like the fiat money system work, which are somehow intertwined in this thread, is to take an infinite number if things and arguments into account, and as stated, nothing in this world can be accounted to infinity. However, I guess this is all just IMO(If that means as I take it to, In My Opinion):dead-horse:[/QUOTE]</p><p><br /></p>
[QUOTE="Numis-addict, post: 1359826, member: 35784"]To me, this would make sense. Gold sits and does nothing. Silver is a useable metal, and to my understanding, that is the reason it is a Precious Metal. In my opinion, all precious metals but gold get used. Therefor, one day gold will be in large heaps and silver will be in electronics and high demand. So maybe you can say different, but it seems that the only reason gold has value is because it is not common. But wait... can you not find gold at most coin shops? And since it does not get used, does the market amount get larger yearly, making it sensible to drop in price. I guess that the only reason it has value is because it is just assumed to be because of small amounts and inability to access it long ago, thus making it have the effect that is must be great. A long long long long time ago(forgot the time, actually heard it on history's special "The Epic History Of Everyday Things") salt used to be fair trade for gold in the same weight(correct me if I heard it wrong). That is because it was liked and a luxury, and associated with value because rich people or kings were mostly the ones who could use it. It was hard to extract then, but not now. Is gold not the same? Perhaps the only reason that gold holds value is because of it's history, making every child want to have bars of gold, or a castle of gold, or anything else for that matter, made of gold. Also, the way things moved in this thread (up to page six, at least, as far as I have read) indicate to me that in order to find how the price of silver, or how things like the fiat money system work, which are somehow intertwined in this thread, is to take an infinite number if things and arguments into account, and as stated, nothing in this world can be accounted to infinity. However, I guess this is all just IMO(If that means as I take it to, In My Opinion):dead-horse:[/QUOTE]
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