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re: Gold Questions

Posted on 3/3/09 at 9:01 pm to
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 3/3/09 at 9:01 pm to
All I can do is give my opinoin.
quote:

But if people are own willing to trade for gold, water, food then there is something speical about gold.
When it comes to trading with things that are worth something gold, food, water are expected as essential, before people traded with paper they traded with valueable metal.
Me form another thread. Id also like to add, to make a trade even you can use gold as something to do that, you can trade a pair of shoes for a cow, use gold to make a fair trade.
Plus if food and water are worth more so much more that gold people cant use it, chances are if you dont have tank to take what you want you might be fricked anyway.
jmo

Posted by Rivers
Florida
Member since Nov 2008
3256 posts
Posted on 3/3/09 at 9:07 pm to
Well, I sort of took it for granted that most people that buy and hold gold also have some silver in various forms. I know that I do. In a barter situation 90% silver US Coins will be a lot more usefull than gold.

I do not expect the situation in the US to go that far downhill, but it might.
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