We've had a monetary system for thousands of years - since about 470BC when the Greeks invented coinage - and so we've had a system of barter and trade and commerce. Prior to that gold was simply...
Type: Posts; User: TheGooner
We've had a monetary system for thousands of years - since about 470BC when the Greeks invented coinage - and so we've had a system of barter and trade and commerce. Prior to that gold was simply...
You're right - and your wrong.
You're right - The intrinsic value of buildings themselves does tend to track inflation, because a maintained building matches the increases in the cost of...
Investing in metals is just having a punt.
There is no intrinsic reason for gold and silver to go up, down or sideways, and if PAPER becomes worthless then so does gold, silver and everything else...