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To: ol painless
"Even if our monetary system collapsed gold will still have value."

Doubtful, a very wise man taught me along time ago that you can truly measure an item's worth by subjecting it to the "deserted island test" if it would be useful on a deserted island to survive then it has "real value" , otherwise any value associated with an item is subjective at best.

37 posted on 06/01/2006 8:34:21 AM PDT by Mad Dawgg ("`Eddies,' said Ford, `in the space-time continuum.' `Ah,' nodded Arthur, `is he? Is he?'")
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To: Mad Dawgg

Therefore, productive land is the best investment (but you knew that already!)


177 posted on 06/01/2006 2:57:16 PM PDT by GOP_1900AD (Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Take Back The GOP!)
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To: Mad Dawgg
Doubtful, a very wise man taught me along time ago that you can truly measure an item's worth by subjecting it to the "deserted island test" if it would be useful on a deserted island to survive then it has "real value" , otherwise any value associated with an item is subjective at best.

Very true. If there is a total collapse then the metals like steel, lead and copper are valuable.

Precious metals are precious only because we make them into pretty trinkets.

Should that time ever arrive you could offer me pounds of your pretty metal for my hoe and I would not trade.

201 posted on 06/01/2006 4:01:17 PM PDT by Harmless Teddy Bear (Every lady in this land hath 20 nails on each hand five and twenty on hand and feet)
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To: Mad Dawgg
"Doubtful, a very wise man taught me along time ago that you can truly measure an item's worth by subjecting it to the "deserted island test" if it would be useful on a deserted island to survive then it has "real value" , otherwise any value associated with an item is subjective at best."

Something to consider. I guess on a deserted island you could at least burn paper to start a fire.
214 posted on 06/01/2006 5:43:19 PM PDT by ol painless (ol' painless is out of the bag)
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To: Mad Dawgg

If you lived on a deserted island you would have no use for money of any kind. But, luckily for you, you don't live on a deserted island.


232 posted on 06/01/2006 7:42:30 PM PDT by Christopher Lincoln
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