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To: shades who wrote (29619)5/8/2005 5:48:48 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
Its beyond my knowledge to explain to you why humans have valued gold to the same degree over thousands of years. But they have done so.

The value people place on gold is in no way related to its industrial uses. Humans have place the same high value on gold long before gold had any industrial uses.

The most telling aspect of gold is revealed by past cultures which used objects other than gold to represent wealth, such as island cultures which used a special type of carved shells or stones.

None of these cultures which used something other than gold, to represent wealth, had access to gold.

Humans find something intrinsically valuable about gold which I cannot explain, but is easy to document.

Some things in life won't yield to your demands of what should be. They just are.

.



To: shades who wrote (29619)5/8/2005 8:47:15 PM
From: NOW  Read Replies (1) | Respond to of 116555
 
"so I still see no reason to value gold besides the fact it is just a rare element.
"
the fact of the matter is , no one gives a rip whether you personally choose to value gold. your own preferences are not at all the issue here, nor is your need to have others convince you of this. ignoring thousands of years of human history based on your own personal view of things in order to make investment decisons...well, if it is your own money, why not?