2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

+0.4%

Nov 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don Earl who wrote (41280)	10/14/2008 3:07:28 AM
From: Haim R. Branisteanu	Read Replies (1) of 217700

I think that every type of product which is timeless (does not loose its usefulness with time) and has a substantial part of it's cost as labor imbedded in it's price can be defined as money. A home definitely is close to such definition. IN another vein I think also well polished diamonds can be classified as such but - their price is much more volatile. In this respect I think also natural resources even that plentiful can be counted as such if there is a definite need for their use. Unfortunate based on the recent price fluctuation of crude oil and coal it may not "fit the bill" but many used it as a substitute for money driving crude oil prices to $147 Would appreciate more ideas related to the issue of "real money"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next