It doesn't include gold.
It doesn't include gold.
I've said clearly from the beginning that in order for something to be money it has to be a store of value and a medium of exchange. Those rocks are not a store of value or a medium of exchange.
It is valuable.
We stockpile oil and helium as well. That doesn't mean that oil or party balloons are money.
we stockpile gold because it is money
they are double their 2008 prices
You win
Who is John Galt?
HAVE YOUR DEFINITION SKEWERED
CLAIM ITS DEFICIENCIES HAVE NOT BEEN IDENTIFIED
most stocks are double their 2008-2009 lows
my point stanRAB. if there was a speculative bubble in gold then barrick, the world's largest gold producer, would be selling at more than 12 times earnings.
why is gold valuable?
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