digg

Join DiggAbout

Donkeys and Elephants and Delegates,oh my!
Check out the most popular Elections 2008 content on Digg.

So Is Gold More Valuable Than Silver?

finegoldsilver.com — Lawrence Williams once said, “There is no longer any serious monetary element to silver.” Unfortunately, there is no longer any serious monetary element to gold either. No country backs its currency with gold and no currency has been convertible into gold since 15 August, 1971 when President Richard Nixon closed the gold window.

Bury
show profanity settings
expand all
  • industryfinest, on 07/04/2008, -0/+4Great article
  • mdlyn26, on 07/31/2008, -0/+4Hi friend, dugg..
  • HisVaderness, on 08/06/2008, -0/+3The entire monetary system is electronic now. We trade in electrons. Metals are not liquid.
  •  

    Login or register to add a comment

    Create a new account or login to join in the conversation on Digg. You'll also be able to Digg stories to help promote things you like.


© Digg Inc. 2008 — Content posted by Digg users is dedicated to the public domain.
DIGG, DIGG IT, DUGG, DIGG THIS, Digg graphics, logos, designs, page headers, button icons, scripts, and other service names are the trademarks of Digg Inc.