Thread
:
Worrying: Is US dollars worthless?
View Single Post
01-12-2009, 03:47 PM
#
5
Avgustslim
Join Date
Oct 2005
Posts
446
Senior Member
There is an value in most people's mind that Gold is worth at least something...little do they know that GOLD is being replaced by many alternative metals as key component in the following.
Jewelery
Electrical Circuits
Toilet Bowl
Mirror
Gold Teeth
Gold Coins
Gold Bars (many fakes)
Decorations
I don't see gold much these days compared to the the 1980's in the streets, much are replaced by Silver or other alloys.
Some think it's even better since it's rare...and should worth more.
Think in times of crisis what do you value most.
Scenario Total black out for few years due to cut in natural gas supply & water supply from our friendly neighbors in price dispute.
You are left with the last can of Chili Pork Cubes from China & one cup full of rice and 4 very hungry family members.
Would you sell your last food in return for a gold bar/chain/stone that you cannot even verify if it's real only to see a dirty Gold Certificate of Authenticity by a bankrupted Jewelery shop.
If in an nuclear war, all things metal will be highly contaminated by radiation.
In the next rumor is AMERO (go google it)...their fear of USD collapsing is probably based on AMERO coming to be the next currency.
Quote
Avgustslim
View Public Profile
Find More Posts by Avgustslim
All times are GMT +1. The time now is
06:45 AM
.