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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (81288)4/29/2007 9:12:19 AM
From: Lizzie Tudor  Read Replies (4) | Respond to of 110194
 
so in other words gold has no real value. I agree with that.

The emphasis on gold today is really just based on the obsolete gold standard, when gold DID have some value. Now it is just a rock that is used in some jewelery. Its not even a precious metal, it is not rare. Platinum is rare, and worth something.



To: TobagoJack who wrote (81288)4/29/2007 11:39:18 AM
From: Pacing The Cage  Read Replies (1) | Respond to of 110194
 
"gold - emperor of all cash, which in turn are soon to be king to all assets"

Don't forget the electronic, medical, catalytic and industrial applications. The computer you're using right now probably contains some gold.