1980XLS: Believe what comes out of any Bankster's piehole, at your own peril. 2007. "Subprime is contained"

Windsun33: If gold is money, then so is corn, copper, and palm oil.

Tom Guttenberger: Gold isn't money, he's right. Since when is collateral necessarily money? Collateral is collateral - could be anything, a commodity.

Energysystems: commodities are money. Whether or not it's acknowledged doesn't matter.

Joe Morgan: Windsun nailed it. If gold is "money", then oil is money....

458402: Would you like to buy my car for 7 bushels of corn and 3 bags of sugar?

Joe Morgan: And to the first poster...collateral can be a lot of things. Collateral can be rights to something, or bonds, etc....Gold is a shiny metal.

Joe Morgan: "commodities are money" really? I am now going to pay the fill-up of my car tank with wheat. Let's see if they accept it.....

Windsun33: The only difference between gold and bushels of corn is that gold is a bit more portable.

Tom Guttenberger: And currency, is much much more portable. There you go. Get it yet?

Windsun33: You ever try to put gold in your brokerage account, and then transfer it or buy stocks with it? Monetary value and being money not same