I don't know how many of you care about Gold - but it recently reached $445-$449/oz. Pretty neat when you store your money in e-gold!
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i did some consulting they paid in egold, that was the only time, havent used it since, and i used a service to convert it.Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence.

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Pure supply and demand.Originally posted by stereolab
where does gold really derive its value? is it a currency? is it an industial commodity? it seems like a lot of speculation rather than the 'safe' investment some make it out to be.
Read:
http://www.goldmoney.com/en/archive/pvaneeden.pdf
http://www.goldmoney.com/en/archive/wgc-brochure.pdfComment
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In one sentence I'd say that gold derives its value from its scarcity.Originally posted by stereolab
where does gold really derive its value? is it a currency? is it an industial commodity? it seems like a lot of speculation rather than the 'safe' investment some make it out to be.Comment
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All I can tell you is that I have been using e-gold since gold was priced $260/oz. It is now $447. I call it safe. Sure it fluctuates against other currencies... that's what scares most people about Gold. Little do they know that USD does the same every freaking dayOriginally posted by stereolab
where does gold really derive its value? is it a currency? is it an industial commodity? it seems like a lot of speculation rather than the 'safe' investment some make it out to be.
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They do.. sort of. But who cares. www.e-gold.comOriginally posted by Screaming
So.
www.e-gold.com ?
Do you have a referal link? Do they offer that? I've got to check this out.Comment
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yeah i've read a lot of the literature and sites like Puplava. but it all boils down to gold being sort of 'meta' currency that everyone agrees on. talk about faith-based currency. at least fiat currency is theorhetically tied to an ecomomyOriginally posted by azguy
Pure supply and demand.
Read:
http://www.goldmoney.com/en/archive/pvaneeden.pdf
http://www.goldmoney.com/en/archive/wgc-brochure.pdf
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hey i have friends that have made a mint in metals lately.(no pun intended). but look back. gold used to be 800 an ounce in 1980. maybe inflation adjusted, that's not a big deal, but it's not a bullet proof investment.Originally posted by azguy
All I can tell you is that I have been using e-gold since gold was priced $260/oz. It is now $447. I call it safe. Sure it fluctuates against other currencies... that's what scares most people about Gold. Little do they know that USD does the same every freaking day

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You can grow your own Gold nuggets if you want too..buy a 1000 watt high pressure sodium lite, some potting soil and a few marijuana seeds...add some water wait a few months and wallah...youve got your self some product worth 400$ an OZ.Originally posted by emthree
Where can I buy some gold bars? nuggets?
All the local people in my area only buy and sell small amounts (mostly to jewelers)
Last edited by DEA - banned for life; 11-23-2004, 04:00 PM.Comment
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Nothing is. But the USDs in my pocket sure aren't as well!Originally posted by stereolab
hey i have friends that have made a mint in metals lately.(no pun intended). but look back. gold used to be 800 an ounce in 1980. maybe inflation adjusted, that's not a big deal, but it's not a bullet proof investment.
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ha. no doubt. the dollar is getting its proverbial ass handed to it. things are going to be interesting to say the least in the next 3-4 years. nobody is paying attention.Originally posted by azguy
Nothing is. But the USDs in my pocket sure aren't as well!

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Originally posted by stereolab
hey i have friends that have made a mint in metals lately.(no pun intended). but look back. gold used to be 800 an ounce in 1980. maybe inflation adjusted, that's not a big deal, but it's not a bullet proof investment.
Highest was $910 in 1981
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