Gold-backed currency is no longer fiat. The reason: like booze, or cigarettes, it has always had barter value. And it has something else, magical, historical, that says it is the best kind of proxy for value.
It is something man has to find, that even a single man with a pickaxe and a pan can still find. The California Motherlode is coming alive again, with men completely down on their luck laying it all down to buy a small piece of ground, an old staked out, but not played out, mine.
Gold has properties that draw us to it that we aren't even conciously aware of. In alternative medicine, gold and silver are deeply healing, have an energy.
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Gold-backed currency is no longer fiat. The reason: like booze, or cigarettes, it has always had barter value. And it has something else, magical, historical, that says it is the best kind of proxy for value.
Jan 10 23:57 pm
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All Comments by Pup »What Is Going On With Gold? [View article]
It is something man has to find, that even a single man with a pickaxe and a pan can still find. The California Motherlode is coming alive again, with men completely down on their luck laying it all down to buy a small piece of ground, an old staked out, but not played out, mine.
Gold has properties that draw us to it that we aren't even conciously aware of. In alternative medicine, gold and silver are deeply healing, have an energy.
Colorful designs on paper just don't have juice.