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Money and Finances
Reply to "Husband want to convert all savings into gold"
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[quote=Anonymous][quote=Anonymous][b]Gold only has value because we say it does. It's just a rock. [/b] Like a diamond. There is no inherent value in any of this stuff. [/quote] This is the part that gets me. These types always say the dollar will be worthless because it's fiat currency but never explain why anyone will give a s*** about specific metals in this Mad Max thunderdome they're imagining. "Because it's what fur trappers used!" doesn't really persuade. If the dollar becomes worthless no one is going to be trading gold bars for canned goods. It will be straight barter or theft; plan accordingly.[/quote]
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