Quote:
Originally posted by 300spartans+Feb 13 2005, 03:10 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (300spartans @ Feb 13 2005, 03:10 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-SuperChuckles@Feb 13 2005, 01:43 PM
ALL money is backed by gold.
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No.
The US dollar is not, and neither is the Canadian dollar. Money not based on the gold standard is called fiat currency.
One of the few currencies that actually has some gold backing is the euro. [/b][/quote]
Well, yeah... I guess my point is... Cash money is nothing but Paper... If you're buying gold it will always hold it's worth.
I'm just trying to think of more interesting ways of investing money.