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Why gold? What is it's value?

 
emmieaz
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05/23/2014 06:26 PM
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Why gold? What is it's value?
What is the true value of gold? I've learned much about our fiat system & know that paper currency is worthless because it holds no true value. Ok. Got it. Why is a gold backed system better? What is the worth of gold? What is it about gold other than it's beauty? Or is that it? It' seems the only things with true worth are shelter and sustenance.
Mackenzie River bound
Anonymous Coward
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05/23/2014 06:27 PM
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Re: Why gold? What is it's value?
arbitrary
Anonymous Coward
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05/23/2014 06:28 PM
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Re: Why gold? What is it's value?
About all it's good for is electronics and space ships. Kinda interesting aint it? Was a bit of platinum in those pyramids as well I believe.
Anonymous Coward (OP)
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05/23/2014 06:33 PM
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Re: Why gold? What is it's value?
arbitrary
 Quoting: Anonymous Coward 58395863


Well if it's worth is only in the eyes of the beholder, than paper currency is exactly the same and totally legit. Why gold?
gebahie

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05/23/2014 06:33 PM

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Re: Why gold? What is it's value?
gold is finite its limited.. You have to dig it out of the ground which means work.. Now we have a system now no one works for money cause ( cough cough I have a printer I can give you money by printing it or by giving you a an extra 00 on your online banking..



Anonymous Coward (OP)
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05/23/2014 06:33 PM
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Re: Why gold? What is it's value?
About all it's good for is electronics and space ships. Kinda interesting aint it? Was a bit of platinum in those pyramids as well I believe.
 Quoting: Anonymous Coward 45453076


Nephilim?
Anonymous Coward
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05/23/2014 06:34 PM
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Re: Why gold? What is it's value?
arbitrary
 Quoting: Anonymous Coward 58395863


Well if it's worth is only in the eyes of the beholder, than paper currency is exactly the same and totally legit. Why gold?
 Quoting: Anonymous Coward 54425607


cos it's a metaphor for something else?
Anonymous Coward
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05/23/2014 06:35 PM
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Re: Why gold? What is it's value?
arbitrary
 Quoting: Anonymous Coward 58395863


Well if it's worth is only in the eyes of the beholder, than paper currency is exactly the same and totally legit. Why gold?
 Quoting: Anonymous Coward 54425607


cos it's a metaphor for something else?
 Quoting: Anonymous Coward 58395863


simply a game to the highest powers, you gotta dig deep down, deep deep down for the true gold in this life.
Anonymous Coward (OP)
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05/23/2014 06:36 PM
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Re: Why gold? What is it's value?
gold is finite its limited.. You have to dig it out of the ground which means work.. Now we have a system now no one works for money cause ( cough cough I have a printer I can give you money by printing it or by giving you a an extra 00 on your online banking..




 Quoting: gebahie


Icant watch the video at the moment, but will when I get home. Thanks.

Pertaining to your comment, that still leaves us just chasing after shiny things.
Anonymous Coward (OP)
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05/23/2014 06:37 PM
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Re: Why gold? What is it's value?
King Sol was right? Vanity of vanities?
Anonymous Coward
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05/23/2014 06:37 PM
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Re: Why gold? What is it's value?
can't eat gold is worth 0
Anonymous Coward
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05/23/2014 06:38 PM
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Re: Why gold? What is it's value?
arbitrary
 Quoting: Anonymous Coward 58395863


Well if it's worth is only in the eyes of the beholder, than paper currency is exactly the same and totally legit. Why gold?
 Quoting: Anonymous Coward 54425607


it glitters
Anonymous Coward
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France
05/23/2014 06:41 PM
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Re: Why gold? What is it's value?
gold is the color of the divine spirit
Dalek Uno
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05/23/2014 06:41 PM
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Re: Why gold? What is it's value?
arbitrary
 Quoting: Anonymous Coward 58395863


Well if it's worth is only in the eyes of the beholder, than paper currency is exactly the same and totally legit. Why gold?
 Quoting: Anonymous Coward 54425607


cos it's a metaphor for something else?
 Quoting: Anonymous Coward 58395863


If you could evaporate light
Truthhappened

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05/23/2014 06:42 PM
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Re: Why gold? What is it's value?
It's not. FIAT MONEY is GOOD. Don't let them fool you. Every explosion in humanities knowledge, technology and the common mans standard of living is owed to FIAT money.

The only problem is it should controlled as the Constitution declared.

The gold standard is simply handing the world over to the mega wealthy who already own it all. That's why guys like Ron Paul exist. If he were really preaching truth, he wouldnt be there.
Anonymous Coward
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05/23/2014 06:43 PM
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Re: Why gold? What is it's value?
"He who owns the gold makes the rules."

Forget the monetary "value" of gold. It has been a sign of wealth, power and status for, at least, thousands of years. That hasn't suddenly changed. Only your perception of what is valuable has been changed and that's intentional.
Anonymous Coward
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05/23/2014 06:47 PM
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Re: Why gold? What is it's value?
What is the true value of gold? I've learned much about our fiat system & know that paper currency is worthless because it holds no true value. Ok. Got it. Why is a gold backed system better? What is the worth of gold? What is it about gold other than it's beauty? Or is that it? It' seems the only things with true worth are shelter and sustenance.
 Quoting: emmieaz


I’d venture to guess because its rare...and the value is what people place on it. If gold were as common as say white rocks, then it would be valueless......
Anonymous Coward
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05/23/2014 06:48 PM
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Re: Why gold? What is it's value?
It's not. FIAT MONEY is GOOD. Don't let them fool you. Every explosion in humanities knowledge, technology and the common mans standard of living is owed to FIAT money.

The only problem is it should controlled as the Constitution declared.

The gold standard is simply handing the world over to the mega wealthy who already own it all. That's why guys like Ron Paul exist. If he were really preaching truth, he wouldnt be there.
 Quoting: Truthhappened


The problem is that invariably when the value of the fiat dries up, which it always does eventually, those advances regress. Standards of living go back down, technology advancements are only used to control the populace, and knowledge is forgotten or suppressed. Fiat does lead to advancements but it also leads to the inevitable regression back to the mean. IOW, it's a short lived bubble.

Btw, if you think Paul was a puppet then you should watch some of his exchanges with Bernanke during House Financial Services committee meetings. Paul clearly made Bernanke uncomfortable every time Paul opened his mouth. The body language doesn't lie.
emmieaz  (OP)

User ID: 54425607
United States
05/23/2014 06:49 PM
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Re: Why gold? What is it's value?
"He who owns the gold makes the rules."

Forget the monetary "value" of gold. It has been a sign of wealth, power and status for, at least, thousands of years. That hasn't suddenly changed. Only your perception of what is valuable has been changed and that's intentional.
 Quoting: Anonymous Coward 3747868


I know there is no true monetary value is gold. That just takes you round in circles. Is there another value is what I was pondering.
Mackenzie River bound
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05/23/2014 06:50 PM
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Re: Why gold? What is it's value?
Someone long ago made gold their god. Most still follow it today. The value of that rock and other precious metals and rocks is just an illusion and a trick to control us.

Imho
gebahie

User ID: 58339330
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05/23/2014 06:50 PM

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Re: Why gold? What is it's value?
It's not. FIAT MONEY is GOOD. Don't let them fool you. Every explosion in humanities knowledge, technology and the common mans standard of living is owed to FIAT money.

The only problem is it should controlled as the Constitution declared.

The gold standard is simply handing the world over to the mega wealthy who already own it all. That's why guys like Ron Paul exist. If he were really preaching truth, he wouldnt be there.
 Quoting: Truthhappened


WOW dumb is growing.. We have lived a fiat system since 08/15/1971... we haven't gotten any better.. we grew a lot more under the gold stander you shill. Learn your history.. NAME 1 fiat currency that has lasted more then 50 year!!!!
emmieaz  (OP)

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05/23/2014 06:55 PM
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Re: Why gold? What is it's value?
Someone long ago made gold their god. Most still follow it today. The value of that rock and other precious metals and rocks is just an illusion and a trick to control us.

Imho
 Quoting: Anonymous Coward 48621660


Probably
Mackenzie River bound
emmieaz  (OP)

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05/23/2014 06:56 PM
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Re: Why gold? What is it's value?
Could be more to it though
Mackenzie River bound
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05/23/2014 07:06 PM
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Re: Why gold? What is it's value?
marduk demands it as payment upon his return... do a little reading.
Anonymous Coward
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05/23/2014 07:07 PM
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Re: Why gold? What is it's value?
About all it's good for is electronics and space ships. Kinda interesting aint it? Was a bit of platinum in those pyramids as well I believe.
 Quoting: Anonymous Coward 45453076


Nephilim?
 Quoting: Anonymous Coward 54425607


aye
2kool4skool
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Italy
05/23/2014 07:14 PM
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Re: Why gold? What is it's value?
people used to eat or drink fine gold particles to better channel their life force (bio-electricity) giving all kind of benefits to one's evolution...
funny how one that feels rich wears golden "chains" iamwith
Anonymous Coward
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05/23/2014 07:16 PM
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Re: Why gold? What is it's value?
gold is the color of the divine spirit
 Quoting: Anonymous Coward 58395079


Ding Din Winner

The look and value of gold is deeply rooted in human subconscious which went through many reincarnations. Whether it's the physical gold or the often described color of the divine spirit, human is all too familiar with it. It's not something can be easily changed via propaganda.
Anonymous Coward
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05/23/2014 07:22 PM
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Re: Why gold? What is it's value?
The value of gold is based on a multitude of things that make it a truly unique element.
Combined with the difficulty of extracting from the ground.
And from ancient times people realized it made an excellent medium of exchange.

The main reason...Demand..people love gold and want it, that in itself makes it inherently valuable.
zzcat
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05/23/2014 07:23 PM
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Re: Why gold? What is it's value?
What is the true value of gold? I've learned much about our fiat system & know that paper currency is worthless because it holds no true value. Ok. Got it. Why is a gold backed system better? What is the worth of gold? What is it about gold other than it's beauty? Or is that it? It' seems the only things with true worth are shelter and sustenance.
 Quoting: emmieaz


Gold is only valuable in a stable society. If S really HTF even TP would be worth more
Anonymous Coward
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05/23/2014 07:25 PM
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Re: Why gold? What is it's value?
Because of the rarity of gold, the labor to find it , extract it, smelt and purify the gold ore. Of all the gold ever mined on this planet they say the amount would measure 60 ft. X 60 ft. X 60ft in a square cube form.

Just doesn't seem possible.
Anonymous Coward
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05/23/2014 07:25 PM
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Re: Why gold? What is it's value?
The value of gold is based on a multitude of things that make it a truly unique element.
Combined with the difficulty of extracting from the ground.
And from ancient times people realized it made an excellent medium of exchange.

The main reason...Demand..people love gold and want it, that in itself makes it inherently valuable.





GLP