Quote from: BluesBrother on April 16, 2013, 07:52:25 PM

Quote from: yucca on April 16, 2013, 03:16:45 PM

Quote from: BluesBrother on April 16, 2013, 01:56:52 PM

Sure you're welcome to your opinion to just take it easy.
Gold has since its market exposure been a worse "investment"/reserve than USD fiat currency until it started rocketing at 2001+.
And I have no idea why it did rocket.

So yeah gold has an intrinsic value as a precious metal but its value is way over that by now.

Well if you don't want them to run the show stop voting for them, get involved and vote your dad up the party machine.
Heck start a democratic or republican club that pledges to support the candidate with least donations! Just for the fun of it Wink

What is your opinion as to why central banks hold gold, you refuse to answer that, I suspect you can't without destabilising your premise.

I told you it's a currency reserve.

A currency reserve?

You do realise that the US$ is no longer backed by gold?

And that gold is not classed as a currency?

Please elaborate...