Originally Posted By: Susan
You can't eat gold.


Gold has been money for at least 5,000 years. Our constitution says that only gold and silver may be used as money. The fact that the United States government said that gold was no longer money in 1972 doesn't make it so. You can't compare 40 years to 5,000 years.

Gold IS money. The rest of the world understands this. Throw out your public school education and embrace what the rest of the world already knows. Gold has and will continue to reassert itself as money in the United States. You've seen it quite plainly in the last few days, but the demise of the dollar in earnest began more than 10 years ago when gold was a paltry $250 an ounce.

You are correct that I can't eat gold, but I can use it to buy lots of farmland - something that takes more and more dollars every day as the dollar loses value.