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<blockquote data-quote="SMS" data-source="post: 1918137" data-attributes="member: 42"><p>But Rome did not fall in some apocalyptic or global collapse...other governments/societies were still intact and therefore provided a market/use/value for gold.</p><p></p><p>Other than the scientific/manufacturing uses for gold and silver, where does there <em>inherent</em> value come from? Like Hump posted earlier...people once traded seashells and they held as much sway over a localized economy as gold did.</p><p> </p><p>I'm engaging in the purely hypothetical global collapse speculation....just for fun. (I keep some precious metals as a hedge) :-) </p><p></p><p>Gold is only "money" if there is someone out there willing to give you something else that you need in exchange for it. I guess there will always be that someone around, but <em>just wondering if the "inherent value" has it's limits...limits that haven't been tested yet.</em></p><p></p><p>Whether or not Mr. Coye would accept silver for a knife today is not relevent to that topic...and perfor8, we are not "yahoos" for discussing it.</p></blockquote><p></p>
[QUOTE="SMS, post: 1918137, member: 42"] But Rome did not fall in some apocalyptic or global collapse...other governments/societies were still intact and therefore provided a market/use/value for gold. Other than the scientific/manufacturing uses for gold and silver, where does there [I]inherent[/I] value come from? Like Hump posted earlier...people once traded seashells and they held as much sway over a localized economy as gold did. I'm engaging in the purely hypothetical global collapse speculation....just for fun. (I keep some precious metals as a hedge) :-) Gold is only "money" if there is someone out there willing to give you something else that you need in exchange for it. I guess there will always be that someone around, but [I]just wondering if the "inherent value" has it's limits...limits that haven't been tested yet.[/I] Whether or not Mr. Coye would accept silver for a knife today is not relevent to that topic...and perfor8, we are not "yahoos" for discussing it. [/QUOTE]
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