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To: doosee
Another way to look at gold, is as an indicator of ability to trade goods.

When more able, then "producing one's way out of the hole" may be relied upon. When less able, then selling assets is more relied upon.

Because we would hope to hang on to our assets by which we produce, it helps to have something to trade. Gold is handy at such times.

10 posted on 02/19/2003 4:23:06 PM PST by First_Salute
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To: First_Salute
I have found that firearms are more valuable at the pawn shop than gold coins.
139 posted on 02/20/2003 3:04:30 PM PST by snopercod
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