ericinNE

What If We'd Been on the Gold Standard?

SimpleSimon, your nic befits you perfectly. Please exlpain how a finite, valuable, dwindling, high demand resource is, in any way, correlatable to tulips, or the hypothetical, purely conceptual value of a dot.com. Clearly, the concept of peak oil (now or later) is lost on you. Oil is every bit as valuable as gold, and the disconnect between the two's corelatable value has been, and continues to be, the manipulation of those markets by the cartels that control each. Gold will lose it's value when a mass substitute for oil is found, or when we finally figure out how to convert energy to matter, and not just the other way around.