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To: varmintman
You can't eat gold and you can't burn gold.

You can spend it as long as there is someone willing to make the trade. When everybody realizes the lack of consumability, the game's over.

6 posted on 11/03/2012 5:44:57 PM PDT by stboz
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To: stboz
Money has value. (By definition)

To the extent that Gold is money, by definition, it has value beyond the use of its physical properties.

Besides, it looks nice and doesn't need polishing.

7 posted on 11/03/2012 5:49:18 PM PDT by Paladin2
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To: stboz

When was the last time that happened in the past, say, 3,000 years?


8 posted on 11/03/2012 5:49:44 PM PDT by misanthrope ("...Everybody look what's goin' down.")
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To: stboz

Gold is not going to lose its allure unless such massive deposits are found that it becomes cheap,in which case its uses will be even more common.


9 posted on 11/03/2012 5:58:47 PM PDT by hoosierham (Freedom isn't free)
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To: stboz

And your first comment is silly.
How about”you can’t eat steel and you can’t burn steel” or “you can’t eat marble and you can’t eat marble” ?


10 posted on 11/03/2012 6:01:02 PM PDT by hoosierham (Freedom isn't free)
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To: stboz
You can't eat gold and you can't burn gold.

I rather have a case of Heinz pork and beans and a bottle of Jack than a bar of gold

17 posted on 11/03/2012 7:19:45 PM PDT by dennisw (Government be yo mamma - Re-elect Barack Obama)
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