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The Value of Gold Silver and other Precious material belongings

dlimb2dlimb2 Posts: 3,449
in Precious Metals
What does the value really mean when you have nothing to eat...can you eat gold or silver or diamonds!!!!

Comments

  • ttownttown Posts: 4,472 ✭✭✭
    It's always been a barter medium. When a farmer has a field full of crops he just can't sit on it and sure can't just trade for things needed so it fills that gap.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    One can also not eat or drink:

    FRN's, oil, wood, nails, tools, concrete, batteries, flares, coal, guns, ammo, steel, shingles, propane, clothing, fishing line, and a host of other essentials.

    The argument works both ways. Obviously food and shelter come first. For as long as man has been civilized, gold and diamonds have helped him to acquire that food and shelter.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • PerryHallPerryHall Posts: 46,228 ✭✭✭✭✭
    Guns and ammo facilitate the bartering process during an economic meltdown.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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