Quote:
Originally Posted by hatelore bloodlust
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Umm no, the importance of gold as a standard for currency is because it is a precious metal and very rare to obtain. Please go to Wikipedia and read up on precious metals, if you would like to learn why it has been used for thousands of years as a major currency. Then come back here and attempt to edumicate us.
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Furthermore, precious metals are vital in the production of all of our high tech technologies and gadgets. There is a reason that China is trying to buy up all of the gold and precious metals on the world market. And it is not to make fancy jewelry.