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Minus turtleman you canadians are pertty damn smart...
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Jon;



Joined: 13 Oct 2008
Posts: 13966

quote:
Originally posted by Kith-Kanin
quote:
Originally posted by GaNzTheLegend
quote:
Originally posted by hassan-i-sabbah
if money isn't somebody with power arbitrarily declaring certain objects to be currency by fiat then what the fuck is it

do you actually think gold has some kind of intrinsic value or something

rofl


I can't believe you are this dumb. Its like saying oil, a limited resource has no value. Of course gold has value. Its very rare and is used in every CPU in the world, not to mention almost every sophisticated electronic device in the world think cell phones, gps systems, calculators, etc etc. It has extremely beneficial properties. Same with silver btw.



In today's society it has intrinsic value.


no it doesn't
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Post Thu Nov 03, 2011 9:41 am 
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GaNzTheLegend



Joined: 01 Jan 2001
Posts: 8287
Location: Toronto, Canada

quote:
Originally posted by hassan-i-sabbah


but there's nothing about gold that makes it better as a measure of value than wheat, oil, marbles, dollars, or anything else


Actually there is. Its very light/small and easy to exchange. It lasts forever and is a limited resource.

Post Thu Nov 03, 2011 11:38 am 
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hassan-i-sabbah



Joined: 10 Nov 2006
Posts: 27424

quote:
Originally posted by GaNzTheLegend
Actually there is. Its very light/small and easy to exchange. It lasts forever and is a limited resource.


the same can be said of a lot of things, you haven't established why gold is special
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quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.

Post Thu Nov 03, 2011 11:43 am 
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RamJam



Joined: 26 Nov 2010
Posts: 1840

quote:
Originally posted by smurf_king
Gold is the most stable currency now, it is, has been for milleniums, and will continue to be. Whoever says otherwise is stupidly informed.


Yes gold is by far the most stable currency right now rofl

http://www.google.com/imgres?q=historical+gold+price&um=1&hl=en&sa=N&biw=1680&bih=857&tbm=isch&tbnid=66TgvSH3DVUmuM:&imgrefurl=http://archivestrader.com/tag/price-of-gold/&docid=d8LLrUiM3IopaM&imgurl=http://archivestrader.com/wp-content/uploads/2010/05/historical-gold-price-trend-chart-in-dollars.gif&w=450&h=270&ei=auKyTsL8MdOnsAKu9uCGBA&zoom=1&iact=hc&vpx=180&vpy=344&dur=387&hovh=116&hovw=193&tx=157&ty=45&sig=113016736576619288003&page=1&tbnh=116&tbnw=193&start=0&ndsp=28&ved=1t:429,r:7,s:0

That's not even adjusted to inflation where it'd even look more volatile.

Post Thu Nov 03, 2011 12:51 pm 
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GaNzTheLegend



Joined: 01 Jan 2001
Posts: 8287
Location: Toronto, Canada

quote:
Originally posted by hassan-i-sabbah


the same can be said of a lot of things, you haven't established why gold is special


Name something better.

Post Thu Nov 03, 2011 1:04 pm 
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RamJam



Joined: 26 Nov 2010
Posts: 1840

quote:
Originally posted by GaNzTheLegend
quote:
Originally posted by hassan-i-sabbah
if money isn't somebody with power arbitrarily declaring certain objects to be currency by fiat then what the fuck is it

do you actually think gold has some kind of intrinsic value or something

rofl


I can't believe you are this dumb. Its like saying oil, a limited resource has no value. Of course gold has value. Its very rare and is used in every CPU in the world, not to mention almost every sophisticated electronic device in the world think cell phones, gps systems, calculators, etc etc. It has extremely beneficial properties. Same with silver btw.

The amount of gold in those devices is incredibly minuscule. Large quantities of gold have almost NO industry value and gold are easily substituted in electronics.

Comparing the industry value of oil to gold is a fucking joke.

Post Thu Nov 03, 2011 1:28 pm 
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hassan-i-sabbah



Joined: 10 Nov 2006
Posts: 27424

quote:
Originally posted by GaNzTheLegend
Name something better.


if this is the best case you can make for gold, well, i rest my case
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quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.

Post Thu Nov 03, 2011 1:32 pm 
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RamJam



Joined: 26 Nov 2010
Posts: 1840

quote:
Originally posted by GaNzTheLegend
quote:
Originally posted by hassan-i-sabbah


the same can be said of a lot of things, you haven't established why gold is special


Name something better.

So it's just like platinum/silver/nickel/copper/zinc/aluminum/tin, and not even the rarest or most useful out of this list but is still the most valuable? I don't see your argument.

Post Thu Nov 03, 2011 1:43 pm 
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ChrisLui



Joined: 13 Dec 2003
Posts: 2688

he has no argument...he is using sleight of hand to disguise his idiocy...you must ignore him...you must....

Post Thu Nov 03, 2011 1:45 pm 
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GoldHP



Joined: 09 Jul 2005
Posts: 4135
Location: Penis

quote:
Originally posted by RamJam
not trolling you are just dumb


I was about to own you, but then I saw 10 posts doing that already.

I wasn't sure if you were trolling or stupid, but I just think you are poor.
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Originally posted by EQ
im not really good in english but this song see like really wack..

Post Thu Nov 03, 2011 3:00 pm 
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RamJam



Joined: 26 Nov 2010
Posts: 1840

Where in this thread was I owned? lol. If you really think that it shows how clueless you and others are on the subject.

Post Thu Nov 03, 2011 3:45 pm 
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swift0ne



Joined: 22 Mar 2011
Posts: 1426

quote:
Originally posted by RamJam
Where in this thread was I owned? lol. If you really think that it shows how clueless you and others are on the subject.


Correct this one. If you don't it'll just show how clueless you and others are.

Post Thu Nov 03, 2011 6:36 pm 
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RamJam



Joined: 26 Nov 2010
Posts: 1840

idc swift

Post Thu Nov 03, 2011 7:02 pm 
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