is gold money ?, page-55

Ourlady you were correct in your first sentence. Why did you have to spoil it by continuing after that!!

Money is a measure of wealth, it tells us what things are worth, it is not necessary for it to be worth anything in of itself. The measurement of celcius is not the temperature, its a measurement of the temperature. Money is the measure of what we can by at a point in time.

Also to the people here that are insinuating that gold doesn't suffer from inflation like paper money, you need only read a little history to understand that is not the case.

By the way, even if gold was money (it isn't), that's still not a case for investing in gold. Lets move on to investment cases for gold, seeing this is a gold thread....