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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (55892)6/27/2006 10:41:42 AM
From: Lhn5  Read Replies (1) | Respond to of 312356
 
<<- But if you are hungry, choose gold or bread?

If there is enough bread that can be cook somewhere, gold will always buy it. Bread rottens over time.>>

If you have way more bread than you can eat before it rots...its not bread...its money, lol.

<<- The value of gold is as much a leap of faith as the dollar is.

I disagree. Gold is the only store of value in which faith has been maintained for milleniums. The faith in fiat currencies gradually fade and eventually disapear completely.>>

Yet another fiat currency always seems to pop up in place of the old one. I haven't studied these situations well enough, but when a currency really collapses, is it just under its own weight, or is it really caused by political and social revolution and a vulnerable currency is taken down with the rest?