[biosurfer1]

Originally Posted by Wayne 962

So, this is a fundamental problem with nearly everything. In a nutshell, and after one thinks about it for awhile, nearly every asset is "fake". Money (fiat currency) is fake (only supported by the government behind it). Real estate also is technically fake (again, only supported by the government / courts / army behind it). Gold - it's a pretty worthless material in the grand scheme of things. It's shiny and pretty, but out in the wilderness or on the frontier in the old days - basically not useful for *anything*. Water is useful, but water rights are also fake (again, supported like real estate by the government, courts, and the "army" behind the government). Collectible cars? The value in them is limited to their usefulness as a mode of transportation - anything above that is a perceived value.

-Wayne

This is exactly right.