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To: RobRoy
You really can’t eat gold.

You can eat Federal Reserve Notes but as a store of value and nutrition I believe you'll be very disappointed in their performance.

26 posted on 02/21/2009 4:29:30 AM PST by ninonitti
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To: ninonitti

>>You can eat Federal Reserve Notes but as a store of value and nutrition I believe you’ll be very disappointed in their performance.<<

Which is why I did not bring them up as a gold alternative.

:P


54 posted on 02/21/2009 8:44:42 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: ninonitti

Gold has been a store of value since before the birth of any on this website. In fact, before the birth of their parents, grandparents and many generations previous. It was a store of value in the Days of Caesar and has remained so thru time. I am amused by those who say you can’t eat it if you are hungry, that it has no useful purpose (of course, that is nonsense, it has many utilitarian purposes). But these same fools have no conception of the worthlessness of paper currencies in times of great inflation. Zimbabwe within the last few weeks issued trillion Z$ bills. As merchants would no longer accept them they turned to smuggled US$ currency. Recently they have turned to small grains of gold to buy bread and cooking oils. When the currency collapses it is amazing even in a primitive society how they can turn to the one and only real money and measure it in the smallest fractions of an ounce against goods and services.

Those who believe that paper currency has real value should consider giving a ring made of paper currency to their gal friend rather than a ring of gold and watch their reaction. That gold will always have a value, the paper when it becomes worthless as a currency is worthless even as scrap.


57 posted on 02/21/2009 9:15:49 AM PST by brydic1
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