Why Gold is Good.

The Big Daddy C-Master Big Daddy Living life to the fullest, and it feels great. I'm still here... for now... Posts: 26,387	Why Gold is Good. Feb 12, 2014 2:51:24 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by The Big Daddy C-Master on Feb 12, 2014 2:51:24 GMT -5 This is a discussion about sound money and specifically gold. Discuss and have questions here.
	"Never satisfied, never full, they eat and destroy with grubby hands until nothing is left but piss, but now the judgement of all humans has begun."

JACK-2 Paragon Posts: 5,352	Why Gold is Good. Feb 12, 2014 3:16:49 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by JACK-2 on Feb 12, 2014 3:16:49 GMT -5 What's gonna happen to the dollar?

The Big Daddy C-Master Big Daddy Living life to the fullest, and it feels great. I'm still here... for now... Posts: 26,387	Why Gold is Good. Feb 12, 2014 4:36:27 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by The Big Daddy C-Master on Feb 12, 2014 4:36:27 GMT -5 Feb 12, 2014 3:16:49 GMT -5 JACK-2 said: What's gonna happen to the dollar? Well let me ask you this:. Why do you think gold is valued worldwide and has been for a long time?
	"Never satisfied, never full, they eat and destroy with grubby hands until nothing is left but piss, but now the judgement of all humans has begun."

JACK-2 Paragon Posts: 5,352	Why Gold is Good. Feb 14, 2014 0:09:26 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by JACK-2 on Feb 14, 2014 0:09:26 GMT -5 Feb 12, 2014 4:36:27 GMT -5 The Big Daddy C-Master said: Well let me ask you this:. Why do you think gold is valued worldwide and has been for a long time? Fixed value?

The Big Daddy C-Master
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Why Gold is Good. Feb 14, 2014 0:55:33 GMT -5

Quote

Post by The Big Daddy C-Master on Feb 14, 2014 0:55:33 GMT -5

Feb 14, 2014 0:09:26 GMT -5 JACK-2 said:

Feb 12, 2014 4:36:27 GMT -5 The Big Daddy C-Master said:

Well let me ask you this:. Why do you think gold is valued worldwide and has been for a long time?

Fixed value?

Well somewhat. Fiat currency always fails because the government will simply steal from the public via inflation to fund their programs. Through time societies have used various things for money like salt. Gold works because of the scarcity and inherent value, plus some other features.

It doesn't rust.
It can be made into different shapes.
It has industrial use, though this is limited because other metals like silver do the job for cheaper.
It looks nice as well, so there is the jewelry aspect of it.

People value gold in the modern time because it protects their wealth from government theft via inflation. Our economy is collapsing so people with wealth are looking to preserve it. That's why people are buying it.

"Never satisfied, never full, they eat and destroy with grubby hands until nothing is left but piss, but now the judgement of all humans has begun."

The Big Daddy C-Master: I had someone mention something about push style notifications. I added this forum to the directory of Tapatalk and once it's into the system you should be able to get push style notifications.

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The Big Daddy C-Master: So hey guys I noticed it needed to be spiced up over here. What topics would you guys like to talk about? Dec 29, 2018 12:29:11 GMT -5

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Post by The Big Daddy C-Master on Feb 12, 2014 2:51:24 GMT -5

Post by JACK-2 on Feb 12, 2014 3:16:49 GMT -5

Post by The Big Daddy C-Master on Feb 12, 2014 4:36:27 GMT -5

Post by JACK-2 on Feb 14, 2014 0:09:26 GMT -5

Post by The Big Daddy C-Master on Feb 14, 2014 0:55:33 GMT -5

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