Should we ditch gold as highest trading commodity ?

Posted by admin

Why do we use it ? It can’t do anything , yet it runs the world .

The value of a thing is what we place on it in our mind. Gold is substance, so is dirt! Think about it! Then ask your-self what is most valued to YOU!

Posted in: Commodity Trading Comments(3) March 2010


3 Responses to “Should we ditch gold as highest trading commodity ?”

  1. WayMoreParsecs Says:
    March 4th, 2010 at 4:44 pm

    The value of a thing is what we place on it in our mind. Gold is substance, so is dirt! Think about it! Then ask your-self what is most valued to YOU!
    References :

  2. KarenL Says:
    March 4th, 2010 at 5:10 pm

    Well, the question is faulty from its premise. Gold is not the highest trading commodity. Platinum (Pt) is selling for about $1300/oz troy and Gold (Au) is on $718/oz Troy.

    Both metals have very important uses. Gold is used in the electronics, fuel cells and other goods. Pt has many industrial uses.
    References :

  3. fretochose Says:
    March 4th, 2010 at 5:18 pm

    oil is the new currency/most valuable commodity
    References :

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