Quote:
Originally Posted by TheDoc
No matter how many ways you want to twist it, golds value is based on speculation. It's no different than playing the game with any other commodity. All of which are subject to going up and down and even crashing.
Nothing wrong with investing in it and making money, but thinking it could be used if the eco fell out from under us, is crazy talk.
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Incorrect. Paper money is based on speculation. Gold's value is fairly constant. Its no mistake that all reputable long term value charts are based on gold.