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To: blazenzim who wrote (76697)3/22/2008 4:49:12 PM
From: SouthFloridaGuy  Respond to of 116555
 
Please look up the definition of money. Direct medium of exchange is not prerequisite. Property or asset value can constitute money.

Putting aside services such as e-gold.

Gold has not been money in the form you speak of for a mere 35 years when the gold standard was broken. The day where gold is money in its most accepted form is coming soon. That would be, of course, going back to a gold standard which effectively makes paper currency 'as good as gold'.

Further to that point, we should all specify Gold is currently not a medium of exchange in the United States.

I suggest you take a trip to Venezuela, Iran or Zimbabawe where I'm sure the coins and some goats will suffice.