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Reason: None provided.

long story, but the short version of why gold and silver has value is cause it was the best way to store/save excess labor/wealth. it doesn't decay, require maintenance, and is scarce/compact/easy to store. not every culture, but every civilization figured this out. there's many other reasons why it's been valued by man for over 5000 years, but it's best for people who have most necessities already taken care of, hence excess labor/wealth. but obviously in dire times, food and food related goods will be the most valuable.

EDIT: when rich people eventually get spooked about their promissory paper assets and flood into tangible assets, gold and silver will likely shine and be a part of the return paradigm shift in consciousness of what wealth is.

2 years ago
1 score
Reason: None provided.

long story, but the short version of why gold and silver has value is cause it was the best way to store/save excess labor/wealth. it doesn't decay, require maintenance, and is scarce/compact/easy to store. not every culture, but every civilization figured this out. there's many other reasons why it's been valued by man for over 5000 years, but it's best for people who have most necessities already taken care of, hence excess labor/wealth. but obviously in dire times, food and food related goods will be the most valuable.

EDIT: when rich people eventually get spooked about their promissory paper assets and flood into tangible assets, gold and silver will likely shine and be a part of the paradigm shift in consciousness of what wealth is.

2 years ago
1 score
Reason: Original

long story, but the short version of why gold and silver has value is cause it was the best way to store/save excess labor/wealth. it doesn't decay, require maintenance, and is scarce/compact/easy to store. not every culture, but every civilization figured this out. there's many other reasons why it's been valued by man for over 5000 years, but it's best for people who have most necessities already figured out, hence excess labor/wealth. but obviously in dire times, food and food related goods will be the most valuable.

2 years ago
1 score