From: Ken Griffith [EMAIL PROTECTED]
What is enough? Digital gold is divisible as fine as you want to take it.
The more the economy grows, the more the buying power of gold grows.
Your question is evidence of a failure to understand the relationship of
supply and demand.
Gold is scalable
I believe that the amount of gold and silver available depends strictly on
the price. At the moment many gold and silver mines are shut down because of
the low price of these metals. A number of other processes that are able to
recover gold from say seawater are at this time too expensive to
JP,
You should ask the question How many US dollars on earth once
all national currencies are converted to US dollars.
My guess is between 25-30 trillions or $4000 per individual. There
are 31,103 mils (milligram per ounce). So each mils will be worth
near $0.13 cents if all currencies are
From what I can tell, gold is TOO SCARCE to serve as the only form of
money There just isn't enough of it.
Am I right?
I don't think so. Theorically, since gold in the digital economy is
highly divisable, there are more than enough mils (milligrams) for
everybody on this planet. Simply
From what I can tell, gold is TOO SCARCE to serve as the only form of
money.
There just isn't enough of it.
What is enough? Digital gold is divisible as fine as you want to take it.
The more the economy grows, the more the buying power of gold grows.
Your question is evidence of a failure to
