04-19-2016, 01:23 AM
(04-19-2016, 01:09 AM)fredtoast Wrote: If gold had any intrinsic value it would not fluctuate so wildly just based on what people say it is worth.
Again, which country is wealthier; one with a pile of gold or one with a large industrial/commercial based economy?
if there is a world wide economic collapse gold will be worthless. You can't eat it. You can't make tools or weapons out of it.
I guarantee you can trade it for all those things, while burning that worthless paper for heat. Gold will always have value. Always has and always will. I think you've confused it with paper money.
-That which we need most, will be found where we want to visit least.-
