SI
SI
discoversearch

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 383.12+0.8%Nov 26 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
bull_dozer
To: stsimon who wrote (109372)12/30/2014 2:05:26 PM
From: RJA_1 Recommendation  Read Replies (1) of 218050
 
Perhaps if the supply was limited, and they would keep forever, and had a 6000 year history as money .... perhaps then.

Gold is useful when no one trusts the counter parties, such as in war.

We did not take Reichmark s in war. We did take gold.

When confidence in fiat expires, gold remains.

Current example: ruble.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext