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What's the fuss about gold and diamonds?

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posted on Feb, 5 2007 @ 06:41 AM
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Gold the size of a small pea can be hammered into a sheet 4 feet by 4 feet.
Pure gold can by cold worked and never hardens, silver will harden and must be annealed periodically to soften
Gold is a currency as well as a commodity.
Gold is a store of wealth and will maintain its value relative to inflation.

Very wealthy people do indeed purchase large amounts of Gold to hedge against unforeseen events, as well as to increase their holdings

and its just a beautifull metal to work with.




posted on Feb, 8 2007 @ 10:43 PM
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Next time try breaking the pill in half... Seriously


Thanks doc, dont need that but hey,

I got something you can read, please do research before the next one

Torture for diamonds



posted on Feb, 17 2007 @ 01:29 AM
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Originally posted by R3KR



Next time try breaking the pill in half... Seriously


Thanks doc, dont need that but hey,

I got something you can read, please do research before the next one

Torture for diamonds


reminds me of the movie, so sad what they did to them

also i recommend the movie BLOOD DIAMOND REALLY GOOD!!



posted on Feb, 20 2007 @ 11:17 AM
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Besides industrial uses, market demand for diamonds was artificially inflated by DeB___ diamond cartel. There was a time rubies were equally valued but now we have the technology to synthesize them in massive quantities. Like rubies, the value of diamonds will plummet as we find better processes of synthesis. In addition, the differences between synthetic and “natural” diamonds are virtually indistinguishable. If you Google “synthetic diamonds” there are plenty of supporting examples..

Gold can also be created in a lab but there are too many drawbacks like as a short life (milliseconds) and radioactivity. I believe gold will remain valuable for a long time because of its true scarcity, industrial applications, and lack of a stable method of synthesis.




[edit on 20-2-2007 by simonmagus]



posted on Feb, 20 2007 @ 05:01 PM
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Gold and diamonds were used as currency along time ago, and in parts of the world still is. This is the reason for people to put value in it. If for some reason there is some disaster, gold and diamond can and will still work as a form of currency. Not only does it look shiney it's a couple grand around your finger or neck!



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