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 Where is the best place to get ÂŁ250 worth of Euros tomorrow? (And I need them by tomorrow as well!)?
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 Why when you pay for purchases at Wal Mart, do they void the check and give it back ?
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 How long does a package take to get from Paraguay to the Houston, TX area?
If you've ever had experience with tracking a package through the USPS website, you know that it sucks! Every time I've tried to "track" a package there it ends up not updating ...


 Is it the declining wages, the high fuel prices, or the high medical costs that make the US economy great ?
I keep hearing how great the economy is.
If you don't own blocks of stock -
If you are trying to send kids to college, or go yourself-
If you get sick-
If you are part of a ...


 Helpppp!!!?
my dads bday is in a few days and idk what to get him!! plz leave ...


 If you had no water would you drink your pee to survive?
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 How mant pounds make 100 euros?
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 Urine in a bottle?
Is unrine supposed to be cloudy or clear? (like for xample if u urinated in a bottle, and the bottle was clean, is the urine supposed to be clear? or Cloudy?)
Additional Details
and if ...


 Why do man brag about their side and cant back it up?
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 Do you personally know any gays or lesbians?

Additional Details
(To those who are inquiring, I know plenty of them. I am a gay man. I was curious, because people's opinions about gays and their views on gay rights tend to ...


 What can a 13 year old do to make money?
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 For what would you sell your soul to satan?
Wacky christians can't answer this question with anything other that what they would want to recieve in exchange for their soul. I don't need a lesson on religion today....


 Would you feel uncompfortable or ok with a 24 year old who looked 19 setting up your home mortgage for you????
I want to get into this profession, but everyone keeps telling me that I wont get a lot of clients because no one wants someone that looks 19 to tell them about interest rates. What do you think?!??!...


 Do people who commit suicide go to heaven?
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 Has anyone ever gotten rich by using the "wealth building systems" that are advertised on the infomercials?
Somehow, I suspect that the term "wealth building system" is just another way of saying "get-rich-quick scheme"....


 Is this a scam from craigslist?
I posted cabinets on craigslist and received several emails from buyers. I got one from a Captain Bobby, who says he is in the U.S. Airforce. He sent me a check, but it took about two weeks from when ...


 Have any ideas of how to raise $1,200 by April?
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 I am just curious to know?
with all these questions like "what do you think of this country or that" I have read some responses from SOME Americans saying they hate the French.Can you tell me why please,is it because ...


 Half Full...or Half Empty?
A Glass is sitting on a table, is it half full or half empty?
(Half Full- Optimisitic)
(Half Empty- Pessimistic)
But what is it called when you can't deside which one it is unless ...


 Is there life forms on other planets?
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peter_allen36
Why is it that gold is worth so much, who was the one in the first place who said its worth money????
Surely a bit of metal is just metal nothing more,
                     
 




JayEleven
Rating
Gold is actually a consumable / commodity.

75% of the gold produced is used in jewellery the rest is for industril application (Circuit board etc)

The recent price hikes have been fuelled by demand for jewellery in the far East mainly India and china, People there now have money to spend and in some cultures it is a traditional wedding gift...... Any way the demand for gold in this part of the world has greatly increased hence the s"supply and demand" scenario.

Quite often the gold used in industrial processes is recycled, but jewellery isn´t, It only retains its sentimental Value and quite often people are buried with it or pass it on to there heirs. So if you bought a €1000,00 bracelet today, you would probably only be able to sell it at scrap prices, as no one wants to buy second jewellery.

But anyway, WHAT about De beers: Diamonds are the most common natural resource on Earth. Yet Why are dimanonds so expensive, Well, De beers, has a monopoly on the diamond trade, if they do not control a diamond mine, they agree to buy all the diamonds, so as to restrict market supply, if all the diamond mines currently in operation were to sell openly, the price of diamonds would crash, probably making them no more expensive than the piece of quartz in your €5,00 argos watch. Hence they have to restrict the supply of diamonds to the market and actually do have incredible stock piles of the stuff, but what is interesting is the fact that the monopolies commision has not seen fit to investigate the diamond trade............. Hope this makes sense,................ and doesn´t sound too much like a conspiracy theory......

remember,,,, Paranoia is having all the facts.


Richard W
It is a form of money.
Because Gold is a rare metal, it has been used for coins & to represent wealth.
All money is basically a system of barter.
You create something by your work.
Someone else wants it.
Before there was money, people would trade services, but not everyone needed the same services.
So rather than John building Freds house in exchange for Fred plowing John's fields for 5 years; Fred gives John an IOU (money/barter chit) that says I owe you 5 years field plowing.
John then trades 1 year of that to Tom for new furniture, 1 year to Mike for digging his well, etc.
It is simply a means of handling the exchange of labor/value.
And since people like gold, they accepted it as a tool of barter.


Joe Bloggs
Paper money is just paper too.

Actually I read a book about money as a kid.

Vouchers / Receipts were given by Jewellers in exchange for safely looking after customers gold and valuables.

As a convenience, a few people started to swop their vouchers (which were effectively the right to collect the gold from the jeweller), with other people in exchange for property and other goods.

The Governments cottoned on to this fact, this gold receipt "promise to pay", and how paper money was born. The gold standard helped to bring confidence in "paper" for the first time ever... which would have been laughable in previous generations, the idea of paper as money.

Anyway that doesn't answer your question about gold.... but gold though has been valued in many civilisations... prior to anyone knowing about its purity value. Like you say its just metal.. but has been accepted as a store of value in many countries... and its attractive and men lust to possess it, and women like to adorn it.


daddybear
originally gold was valued because of its corrosion proof and attractive qualities, thats why old eating utensils had gold content and jewelry was made from it. Nowadays there is a limited availability and countries set their currency against it as a bench mark. It is in no ones interest to flood the market with gold as the price would nose-dive.


Ivan R
Rating
Hello,

I think you will find that the very first peoples to reconise that gold was a special sunstance were the Aztecs, the Incas and the Pharoes. So gold was know as special several thousand years ago (re: Tutankarmans funeral mask).

*Gold is a metal that does have special qualities, in that its a fairly pure substance bye itself.

*that gold can be shaped and melted & reshaped yet doesnt appear to loose its brightness & high yellow sheen.

*Gold is one of the few precious metals that holds its price across the world, especially in times of war, chaos & crisis.

**Governments & Banks across the world hold vast wealth and its all held in gold reservers (all in gold bars).

**Gold doesnt rust or erode or deteriorate over time like other metals say iron for example. This is another factor in golds value as a financial substance.

IR


Misslittle
Rating
gold is worth alot because it does not corrode (go green) in any weather or anything. its lasts forever unlike some other metals. thats why silver is worth alot as well


JIM B
cos people say its rare so they can get more money, like a rare pokemon card its worth nothing realy


suzy c
Supply and demand.
Humans were crazy enought o think it is special and are now brainwashed with it. I have one piece of gold and that is my wedding ring. It is special to me for a very different reason. But then I am a bit of a tomboy.


Polo
Nobody in-particular said that. As with many things, it's supply and demand that fixes the price.


Kemmy
Anything that is rare will be worth a lot. Look at the rare, priceless paintings and sculptures by famous artists.

In the old days, salt was hard to get for landlock countries, so it was worth its weight in gold. Now that transportation is cheap and salt isn't so "rare" anymore, its price has gone down.


Missy
Rating
That's a good question and I'd like to find out the answer myself. Perhaps it's because it's rare...


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