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Old 11-11-2009, 03:24 PM   #48
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"Win from now on" - Elway

Join Date: Apr 2001
Location: in the present moment
Posts: 69,057


Originally Posted by Tombstone RJ View Post
The thing about gold is that yes, it's a precious metal but it's only real function is for jewelry or for hoarding in a vault somewhere.

In other words, it has no real use (yes, yes, there are some practical applications but overall it's a static commodity).

If everyone's economy tanks, if the world goes into a deep depression, if the US economy goes down the stink hole, what will all of this do to the price of gold? In other words, who is gonna want gold and why would they want it?

What does it matter if you have a billion $ in gold if no one can use it?

I'd rather be financially vested is something that everyone NEEDS. Titanium, platinum, etc...

Just saying...
It will become the only accepted currency.

Sex for gold...y
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