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10/09/19
19:23
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Originally posted by Dr.Who:
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I'm curious thds. How are you going to buy your gold? You don't believe in currency so I'm wondering what you will exchange for the gold you are going to buy? I could extend that to what means do you use to put fuel in your car, buy food etc...How do you earn an income? How is that income paid? In gold coins? Do you hold any other asset other than gold? If yes, what method was used to buy that asset, how is its performance measured? What will you expect to receive from a buyer of your asset, only accept gold coins? So many contradictions! Also, I'm curious, considering you don't believe in currency, why is performance of gold as an asset measured in $US? If I am to follow your line of thought it makes no sense to consider gold relative to $,Yen, GBP, Euro, or any other currency. Gold would be just 'gold'. Perhaps a gold coin is worth a bag of carrots. Perhaps a gold bar is worth a carrot farm! New work exchange rate: 1 unit of gold = 50 standard sized carrots
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skol, i think you are best placed to answer this. the Nurses Aid cannot fathom the concept that if someone invests in gold, then how do they buy petrol for their car? How do they buy food? (Etc etc, you can read i think) you were invested in real estate. Can you explain how you purchased gas and food, without having to break off little chunks of your industrial shed to use as purchasing coin?