[ArneFufkin]

Gold is a commodity of the masses. If I can buy it as a commodity, it lacks the rarity that would ensure it's ongoing value. Gold is $314 and ounce because a lot of people you don't know, you'll never meet and who have no care about your interests have DECIDED that it's $314 ounce.

I'm curious ... if you grabbed 10 ounces of gold from your inventory tommorrow with the objective of liquidating it to cash ... could you easily sell it and what price per ounce would you expect to get? $312? $200? $68?

[#3Fan]

Gold is a commodity of the masses. If I can buy it as a commodity, it lacks the rarity that would ensure it's ongoing value. Gold is $314 and ounce because a lot of people you don't know, you'll never meet and who have no care about your interests have DECIDED that it's $314 ounce.

I believe differently. I believe that gold is worth a lot per volume because men love to have sex with women and always will.

I'm curious ... if you grabbed 10 ounces of gold from your inventory tommorrow with the objective of liquidating it to cash ... could you easily sell it and what price per ounce would you expect to get? $312? $200? $68?

I have no idea, I have no intention of selling it. I intend to use it when the need arises. I suppose a gold shop would give me around $3000 for it.