Posted by Bob in WY on March 31, 2014 at 10:07:41 from (207.183.177.92):
In Reply to: OT--GOLD Investment? posted by Jiles on March 30, 2014 at 22:01:28:
Rod, the same can be said for paper currency. It is only worth what people feel it is worth and its perceived value can be and is manipulated.
Gold and silver is in limited supply and has to be mined. Paper currency is printed and the only supply limit is what a few individuals decide it is. Plus keep in mind that a lot of the currency in the system isn't even printed, it only exists on a spreadsheet.
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