What's More Valuable Than Gold?

FizzaKevil

12 years ago

Well, Diamonds !!!
And I just love to observe different kind of stones.

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LarryC

12 years ago

I just saw a news story that some people are stockpiling pennies as an investment because of their copper content. It's only pennies earlier than a certain year -I think it's 1982. And they're hoping it will one day be legal to melt down the pennies for their copper value, which is a lot more than the face value. As of now, it's illegal -though I'm sure there are black market opportunities if you know where to look.

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Gary Gomez

12 years ago

more valuable than gold.......

frankincense and myrrh

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frankhill 12 years ago

...Water

Frank
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MoneyMagnetMagnate

12 years ago

First, we should analyze why gold is so valuable in the first place - it has been coveted for eons merely because it is pretty and malleable.Up until recently, it's conductive values did not even come into play...

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Rick B

12 years ago

I always get a kick out of it when people tell me that they buy gold in case the entire world economy crashes. If you're worried about that it seems more likely to me that food will be what's really valuable. If you're starving a can of tuna is worth more than its weight in gold.

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frankhill

12 years ago

Originally Posted by Rick B

I always get a kick out of it when people tell me that they buy gold in case the entire world economy crashes. If you're worried about that it seems more likely to me that food will be what's really valuable. If you're starving a can of tuna is worth more than its weight in gold.

I couldn't agree more, Rick. You might also need someing to defend yourself and family, and ward of someone who wants to take that tuna from you.

Frank

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Kurt

12 years ago

Originally Posted by Rick B

I always get a kick out of it when people tell me that they buy gold in case the entire world economy crashes. If you're worried about that it seems more likely to me that food will be what's really valuable. If you're starving a can of tuna is worth more than its weight in gold.

It depends on our definitions...If it's just the economy that crashes, IMO then gold will be valuable.

However, if society crashes, then gold will be almost useless. It's too heavy to carry and has few constructive uses. Plus, it's too hard for the average person to tell if it's real or fake.

I'll take copper. Copper and some magnets and rotary motion will create electricity.

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HeySal

12 years ago

Diamonds aren't the big one as far as gemstones go. Alexandrite and quality red beryl command a heftier price than diamonds.

Copper is becoming scarce. Within a decade it is expected that the only source of copper will be recycling. Yet there are many modern conveniences that would not exist without it. So in about a decade we are screwed unless we can recycle every bit of it ever used. It would take almost a 2/3 population decrease (rapid one) to be able to stretch global copper supply to cover everyone's needs past the end of next decade at the latest. So, yeah -- it's beyond valuable now. It's worth actually stockpiling any that you find anywhere. I pick up any little piece of it I run across. When paper money crashes, metal and rare earth minerals will continue to have trade value.

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Russel Mogul

12 years ago

Silver - don't even debate it. Just go buy a crap load of it and thank me in 10 years, ok ?

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thunderbird

12 years ago

Originally Posted by Ken_Caudill

True love.

I agree with you there

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MoneyMagnetMagnate

12 years ago

That would depend...is it Dolphin Free Tuna? :rolleyes:

(and packed in oil - or water?...cause' I prefer it in water)

(and how are you fixed for mayonnaise?)

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thesuccesscoach

12 years ago

plain and simple happiness

all the gold in the world may bring false happiness however you can´t buy happiness,

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