What happens to gold or silver when there is no exchange for cash? Answer: It is a worthless as cash.
Gold and silver was used for thousands of years as a medium of exchange long before fiat currency was invented.
posted on 02/02/2013 4:44:05 PM PST
(You can never have enough friends, horsepower or ammunition.)
The world is very different today in the world of exchange. the value of items for a short period will not be like the old systems until things adjust. These periods of change have been in the past. Money and gold will not worth crap.
posted on 02/02/2013 4:54:37 PM PST
(People who do not study history are destine to believe really ignorant statements.)
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