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To: marcos who wrote (70866)	12/27/2008 11:44:53 AM
From: prometheus1976	1 Recommendation Read Replies (1) \| Respond to of 74559

" imagine how much better off that fellow would be today if instead of that useless metal he had stashed away a sack of Consolidated Galilee Smoke Signal & Homing Pigeon Co Ltd shares " My point exactly..the shares would be worthless,and the gold still valuable. Further ,you assume that the discovered hoard was the entire original amount.Suppose it was originally 1000 coins ,and the undiscovered/missing ones were used to good purpose over the years. TJ's point that gold has held it's value over the centuries is valid,and to argue otherwise is untenable. Gold's function is to store capital until a better use or opportunity occurs. Like building a factory in Dresden in 1937,or buying a nice buggy whip company in 1900. Or how about hoarding beaver pelts and buffalo robes? Nope,gold preserved the capital thru the centuries,and now it could be sold to invest in Google-an option not available in 700 AD.. My regards,P1976