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Subject: fools gold

kimjongl 7.12.11 - 08:40pm
gold itself is no different from paper money, its value is based on the premise that people agree it is valuable. * +

bozzalad 7.12.11 - 08:44pm
but , it has a use * +

kimjongl 7.12.11 - 08:46pm
like? * +

kimjongl 7.12.11 - 08:58pm
the majority of gold is used for jewelry and finance and these items are also only valuable because people agree they are. small amounts of gold are used in electronics and medicine. these products do add real value but the importance given to gold in world markets is disproportionate to the actual value it adds to these products. * +

mandain 7.12.11 - 09:24pm
Bricks and mortar safe as houses is the saying here * +

iceylips 8.12.11 - 01:01am
My mum has soooooo much gold... she's obviously in profit now. I cant stand gold... I don't even know what makes gold precious *

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