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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%4:00 PM EST

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To: Gabriela Neri who wrote (23708)12/2/1998 3:16:00 AM
From: Zardoz  Read Replies (3) of 116762
 
"Money (fiat currency) has no intrinsic value but for its perception, like most other things."

But it's the fiat currency that allows the transfer, and thus value in the metal. But not the other way around. Money can exist without gold, but gold has only limited trading power without money. There is not enough gold to go around.
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