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Gold has objective intrinsic properties, and so does paper.
Paper burns.
That's why a lot of people get burned on paper deals.
I've never heard anyone ever say, "That's not worth the gold the value is stamped on."
More silly nonsense.
I've never heard of anyone being able to survive by eating and drinking gold. Gold has risen on bubble fueled by the silly belief that the dollar will collapse. At some point the reality will sink in that the dollar will NOT collapse and then gold will collapse instead just like it did 33 years ago (after which gold sat for nearly a quarter of century without gaining virtually any value at all).
And if you REALLY think that paper money is worthless I'll be MORE than glad to take it off your hands.
More silly nonsense.
I've never heard of anyone being able to survive by eating and drinking gold. Gold has risen on bubble fueled by the silly belief that the dollar will collapse. At some point the reality will sink in that the dollar will NOT collapse and then gold will collapse instead just like it did 33 years ago (after which gold sat for nearly a quarter of century without gaining virtually any value at all).
And if you REALLY think that paper money is worthless I'll be MORE than glad to take it off your hands.
Ken
I'll gladly trade you 100 paper dollars for one one-ounce gold coin.
How fun..could you imagine standing in line at the DMV behind some nut wanting to pay his bill with gold dust. Could you see the clerk with a twin bean scale portioning out his "lot".
How fun..could you imagine standing in line at the DMV behind some nut wanting to pay his bill with gold dust. Could you see the clerk with a twin bean scale portioning out his "lot".
It would play out with the clerk weighing the dust, paying the customers license tax with the clerks own paper money, whilst pocketing the gold.
The fact that gold is overvalued doesn't suddenly make dollars any more valuable. They're both in a bubble.
dont worry, no currency on the planet has lasted forever and the dollar wont last forever either. sooner or later the dollar will collapse to. when it does, gold will be $7000 an ounce.
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