Well I wouldn't go THAT far.

Hammer it into a bracelet or necklace and it can get a fugly guy laid! [:P]

If said fugly guy is willing to go that far to get his rocks off, a few hundred dollars can have a similar effect... [;)]

There's no doubt that gold has an aesthetic value (especially WRT women), but it has little functional use (WRT what can be made from it) and thus is not a natural economic force (like, say, oil or steel) in and of itself...

(Note: My comment is NOT directed at the guy who gets a little 'thank you' as the result of buying your GF/wife something nice. It's directed at the hypothetical 'fugly guy' and his 'bought & paid for' (with gifts) GF who only sticks around as long as the stuff keeps coming...)

OK, as far as doomsday goes, gold is just metal, but the fact is 100 years ago, a guy could buy a nice suit with a $20 gold eagle.
Same thing today, although I wouldn't waste my money or gold on a suit.

If you really want to get picky, there is NOTHING that has any intrinsic value to it.   Not even your own head.

All values are RELATIVE.


However, for as long as there have been humans to pick up shiny rocks, they have valued gold for its beauty and workability and its permanence, as it does not rust, corrode, or tarnish, unlike all other commonly found metals.

Gold is still loved by people for these same reasons.  If you doubt that, just pay attention to how much jewelry people wear, and how much of it is gold in appearance at least.

That gold has many industrial applications as well serves only to enhance its perceived value as well.

The gold standard is every bit as good a standard as any other, and better than most because gold is a prized possession even though it isn't edible and won't keep you warm at night. (Well, gold foil blankets will actually do that.)

What's our current backing for our money?  Nothing but faith.   If you take a fifty dollar bill to a Federal Reserve bank and ask to redeem it, you'll get a blank look.    If you were to have taken a fifty dollar bill (backed by gold) to a Federal Reserve bank back in the days when we were on the gold standard, AND a dollar was redeemable in gold (this would be before 1933 after Roosevelt asked Congress to repudiate the gold redemptiion clause in all government agreements)  you would have received 50 dollars' worth of gold, or 1.5625 troy ounces of gold, at 32 dollars per troy ounce.


The great advantage of tying currency to a standard that is widely held to have something approaching intrinsic value, such as gold, is that it makes the currency highly resistant to inflation.  

FDR's moves against our gold backed currency system marked the beginnings of the financial aspects of the move toward the New World Order.

Yes, returning to a gold standard would be an excellent idea if you consider stable currency to be a good idea.  Only bankers think otherwise.

Our existing currency system is scarcely one level away from simply printing money and handing it out.


CJ

I'm a semi-newbie.
Why is Imbroglio an idiot? He's not the one responsible for the fucked up economy, is he?
Last time I checked there was a group of right-wingers on capitol hill calling all the shots......

Whiney snitch.
You must have been a real stand up guy, in grade school.

He is an idiot for the very same reasons that YOU are an idiot.
Unfortunately, being and idiot and all, you won't really understand this.

"I don't even know this guy, but because he  questions our assualt on Imbroglio, I'll just resort to the easiest and most juvenille method of defense: name calling. that'll make me look good......... I see ten year olds doing it all the time, and it seems to work for them.

Seen your posts, my instincts said that you are a troll.
Then I took a look at your history.
Confirmed.

I know you better than you know yourself.
You equate my behavior with that of juveniles, yet you are the one who posts hundreds of times on a firearms related gun site, yet never about firearms.
You are obviously a DU-like troll, who just wants to stir the pot.

The sad thing is, after perusing your posts, it's apparent you hven't much to say.
You are dim.

Kindly re-read my post, and the post (SouthernShark's) I was replying to.