Posted by jocco on December 12, 2018 at 06:36:05 from (166.222.109.146):
In Reply to: A queston for John T posted by Donald Lehman on December 11, 2018 at 12:14:17:
A few things on gold. It has never been completly worthless. Look at Enron/leeman brothers and many failed stocks/paper currency. Gold can not be counterfeited or made out of thin air. Try to fake it and see how well that works. Paper money can be printed enmass or counterfeited. Gold can be divided into smaller segments as needed. Gold is nearly indestructible if left outside in the rain for a 1000 years and it will survive. Just as an aside though all the people on the Titanic would have given all the worlds goal for a coast guard cutter to have picked them up so at that point I guess it was worthless!!!
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