To: shrinkermd
Best bet when talking about gold is to learn how to discuss Super Atoms.
It's now feasible to begin work to develop a perfect and much less expensive substitute for gold and other precious metals.
7 posted on
08/03/2008 5:42:04 PM PDT by
muawiyah
(We need a "Gastank For America" to win back Congress)
To: muawiyah
Best bet when talking about gold is to learn how to discuss Super Atoms.It's now feasible to begin work to develop a perfect and much less expensive substitute for gold and other precious metals.
The hell, man? The purpose precious metals serve is as a medium of exchange. There is no "substitute" that wouldn't be equally rare and expensive; the fact that they are rare and expensive is what makes them useful media of exchange.
To: muawiyah
However, gold is also used as money: If banks were required
to maintain gold in reserve in a ratio to loans, we wouldn’t be in this mess.
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