by Pacific Rimshot October 8, 2009
Get the White Gold mug.Gold is not "unreactive". There are a variety of gold compounds: Au(CN)2, AuCl, AuCl3, HAuCl4, and many other more complex ones.
In addition, there are eighteen gold radioisotopes, so the amount of gold in the universe is decreasing as they decay.
In addition, not all of the gold on earth has been discovered, much less the whole universe. We also don't know how much the ultimate amount might be, so the amount of gold in known existence is not stable.
Regardless, the use of gold simply because of its relative stability of existence is ridiculous. While you might not be able to change its amount, you can still alter the amount of purchasing power it commands by altering the amount of purchasing power available.
Gold standard promoters claim that all fiat currencies have failed. There are very few countries in the world that don't have fiat currencies, and their currencies have not failed, making the claim prima facie false.
Please do your own research into the matter.
In addition, there are eighteen gold radioisotopes, so the amount of gold in the universe is decreasing as they decay.
In addition, not all of the gold on earth has been discovered, much less the whole universe. We also don't know how much the ultimate amount might be, so the amount of gold in known existence is not stable.
Regardless, the use of gold simply because of its relative stability of existence is ridiculous. While you might not be able to change its amount, you can still alter the amount of purchasing power it commands by altering the amount of purchasing power available.
Gold standard promoters claim that all fiat currencies have failed. There are very few countries in the world that don't have fiat currencies, and their currencies have not failed, making the claim prima facie false.
Please do your own research into the matter.
Ron Paul's claim that the US should go back to the gold standard, using so-called "purestrain gold", is ludicrous.
by Ron Paul is a nutcase June 20, 2008
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a dirty, grimy strip bar/"gentlemen's club" on the Burlington/Aldershot (Ontario) outskirts. It has shitty looking motel rooms connected to the main complex which in my opinion, eliminates the possibility that the "dancers" are not in fact also hookers.
by tizzle August 10, 2004
Get the solid gold mug.by Kung-Fu Jesus June 18, 2004
Get the turn lead into gold mug.by Lt. Roastabotch July 31, 2005
Get the California Gold Rush mug.A competition in school where the seniors and freshman (blue) go against the sophomores and juniors (gold) in dance, art, aerobics, and cheer. Students go crazy and dye their hair, buy balloons, and sing an annoying hymn of "YOU CANT STOP THE BLUE/GOLD YOU CANT STOP THE BLUE/GOLD". Oddly the most fun in the world. Lots of practice is needed but it's amazing.
JUNIOR: Yo, you freshman are gonna get owned this year for blue and gold. GOLD WILL WINN!!
FRESHMAN: Back off! You are seriously trippin' if you think that you and the sophomorons will beat the blue!
SENIOR: Did you buy blue and gold tickets yet? they're selling them ! *runs away laughing like a maniac*
FRESHMAN: Back off! You are seriously trippin' if you think that you and the sophomorons will beat the blue!
SENIOR: Did you buy blue and gold tickets yet? they're selling them ! *runs away laughing like a maniac*
by BLUE PWNS.. x33 January 18, 2008
Get the blue and gold mug.by nickofromhou September 9, 2009
Get the shitting gold bricks mug.