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To: tomahawk
Other than the value that the market places on it what value do either of them have?

You can't eat dollars. They have no industrial use.

You can't eat gold. It has very little industrial use (unless, of course, when there's blood in the street, those with product to sell will want gold so they can give their sweetie a nice birthday present).

Gold and, for that matter money, might as well be tulip bulbs.

Just because some in the past put some mystical value in gold doesn't mean it's true today. In fact I think that salt was a far better form of specie.

30 posted on 12/27/2005 7:18:38 AM PST by Proud_texan ("Moderation in the pursuit of justice is no virtue." - Barry Goldwater)
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To: Proud_texan

Tulip bulbs don't exactly have a multi-thousand-year history of value, and now that transportation makes a trip to the beach a simple matter, salt doesn't quite have the rarity thing going for it any more.


72 posted on 12/27/2005 9:23:19 AM PST by coloradan (Failing to protect the liberties of your enemies establishes precedents that will reach to yourself.)
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To: Proud_texan

Hey Tex, Gold has held its purchasing power for 5,000 years. There is nothing else on this planet that has been such a store of value, nothing.


98 posted on 12/28/2005 6:14:53 AM PST by Thomas Jefferson II (If we could harness the energy from our fore-fathers spinning in their graves)
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