TSX:SGR.UN - Post by User
Comment by
hydra100on Dec 02, 2010 7:00pm
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Post# 17792707
RE: RE: RE: RE: RE: RE: GOLD PRICE
RE: RE: RE: RE: RE: RE: GOLD PRICEI TOOK YOUR FOLLOWING STATEMENT TO SIGNIFY THE END OF THE WORLD.
"When the fiat system eventually collapses"
If the above is true then what will we use? The barter system? Or are you saying gold as I think you are?
In this collape of yours what will gold be worth? Right now it is based on the US dollar but in the collapse whar will it me measured against?
Also I "think" the answer is three square blocks three stories high.
All the gold ever mined is still here and there is not lot of it by volume. Weighs a lot though.