How do you value a Federal Reserve Note? It's a piece of paper that others are willing to exchange goods for. Gold was money before Governments existed, FRN's are printed whenever the gov't feels like it, gold is not.
I fail to see hopw FRN's carry more true value then a Precious Metal
On Jan 06 05:59 PM User 179191 wrote: the largest prospective > merit in buying gold is the assessment that SOMEONE ELSE makes regarding > whether gold may or may not be worth more than its current price > - not an sound basis for valuing an asset! > > ....in my humble opinion, so draw your own conclusions.
Blackmont Capital Bullish on Gold and Silver [View article]
Ratio of Gold to Silver [View article]
How do you value a Federal Reserve Note? It's a piece of paper that others are willing to exchange goods for. Gold was money before Governments existed, FRN's are printed whenever the gov't feels like it, gold is not.
I fail to see hopw FRN's carry more true value then a Precious Metal
On Jan 06 05:59 PM User 179191 wrote:
the largest prospective
> merit in buying gold is the assessment that SOMEONE ELSE makes regarding
> whether gold may or may not be worth more than its current price
> - not an sound basis for valuing an asset!
>
> ....in my humble opinion, so draw your own conclusions.