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 -- Ignore unavailable to you. Want to Upgrade?


To: dsv who wrote (1565)10/25/2005 11:18:58 AM
From: Ilaine  Read Replies (1) | Respond to of 218074
 
Sure, I have no doubt that in Russia during WWII gold was a life-saver. In fact I know it was, I know a man whose parents saved him and themselves from a concentration camp by bribing the truck driver to let them jump off during a stop.

Similarly diamonds, rubies, emeralds, pearls, silver, and anything else with intrinsic value. Gold is more compact and portable than Ferraris or paintings by Van Gogh, more easily divided than diamonds. Pretty, too. Makes nice jewelry and excellent in dental work.

It's hard for me to imagine actually needing gold for anything other than jewelry and dental work in the United States.

We've had paper money here from the beginning. We've had paper money printed by banks, paper money issued by stores, and everything in between. The Smithsonian has a nice exhibit on it in the American History museum, Hall of History of Money and Medals.

Click on this link to see a one shilling note, and then click on the arrow for the lesson to continue:
smithsonianeducation.org