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MRM MRM is offline
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Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
Compe, perhaps you can enlighten us on the definition of what "money" is. You know, what separates money from barter. If you can do that, perhaps I'll allow Tabs' to engage you in conversation.

I'll give you a hint, "money" has three properties. Name them and you'll define money. Gold is a metal. It has no inherent value. It is valuable because we place value on it. It is also one of the worst historical investments you can make. Factoring for inflation, gold has about another 50% to go before it hits its 1970s-era highs. I can tell you from personal (family) experience, that when the revolution comes and society collapses, gold has no value. After you give us a good definition of money, I'll tell you the story of the gold ingots my wife inherited that made it through the 1930s to 1980s without being spent - in the PRC.
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MRM 1994 Carrera
Old 10-09-2008, 06:26 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #160 (permalink)