Tag: intrinsic value

Gold coins. Will gold and silver coin replace paper money soon? Gold coins. Will gold and silver coin replace paper money soon?

Returning to a store of value

Conventional discussion about the prices of gold, silver, copper, and other commodities tends to treat the investment in each as a speculative game, or even a manipulative one, and arguably a dangerous one. Yet the real danger is to continue to place one’s faith in a “commodity” that represents no value, but only a feckless government’s word.

According to GoldPrice.org, gold has more than doubled in price in the last five years, including a 30 percent rise over the last twelve months alone, and a five-percent rise over the last thirty days. Furthermore, the gold contracts show a trend that is not likely to stop; the further in the future is the delivery date, the higher the price.

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