- Mar 15, 2011
- Reaction score
- South Floriduh
Avalon darlin'... Please name either the year or the cycle or whenever since Ur of the Chaldees (5000BC) that GOLD has become worthless.I'm thinking we are going to see a brief period of deflation in everything but food and fuel. Even gold goes to rock bottom. The difference is with real gold they will either raise premiums or stop selling. They are not selling below mining value.
*IF* you are talking buying and selling gold on the stock market for fiat... that is not reality.
Reality is: Throughout human history, there has not been any time -- ever -- when gold was of no value: Those who had gold OWNED people who went out and got them food. Others prepared and served it. Still others tended the grounds to make them pretty.
At the time these photos were taken, those with gold in the same town were eating steak dinners prepared for them by those who had wheelbarrows full of "money".