Thus said Michael Torrie on Thu, 04 Dec 2008 10:54:42 MST: > Besides all that, what makes gold valuable? If gold is just sitting in > a bank somewhere, it's doing no one any good. Arguably the industrial > uses of gold are far more valuable to an economy than if gold just sat > around and rusted, propping up some currency.
One other point. Gold is better as a money because it is more scarce. That's why silver is used more in industrial uses than gold is. Andy -- [-----------[system uptime]--------------------------------------------] 9:48pm up 3:48, 2 users, load average: 1.17, 1.17, 1.14 /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
