Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (11146)	5/3/1998 12:33:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116898

RM, chickens may be more liquid, but they have a tendancy of dying on you before you you've traded them; or before you've left them to your children; and have a tendency of varying in quality; and changing intrinsic value as they get older; and possibly carrying disease without the buyer knowing it; and if you have a lot of wealth compared to other folks, like buffet for e..g., you'd need an awful lot of chickens to store it (relatively speaking, chickens aren't all that rare; I personally have heaten hundreds or even thousands of ounces worth durign my lifetime ). During a finanicial collapse nothing real necessarily disappears. Still lots of people that can afford precious metals, though the identities of those people may change. More importantly, govts need to maintain power over its people and over trade doesn't change, either. And what real asset do THEY own? P.S. I make these comments not to be argumentative or have the "last word" but becuase I think this debate and public perception is big part of why phsyical gold is, in total, worth a measly trillion $ today. I enjoy this debate and would appreciate your and anyone else's further comments. :-).