200p Posted May 15, 2011 Share Posted May 15, 2011 http://gold.bullionvault.com/How/GoldValue Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted May 15, 2011 Share Posted May 15, 2011 It may just be another metal but once people have faith or more faith in it and are willing to exchange goods or services in exchange for this mere metal, then it becomes money. Paper money had faith in it once, this faith is diminishing therefore it is ceasing to be money. History has proven time after time that people lose faith in paper money as a medium of exchange every 40-50 years, the faith in paper currency has never lasted more than 40-50 years Quote Link to comment Share on other sites More sharing options...
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