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
Get the purestrain gold mug.Defined by The Mental Overload Show podcast as 3 or more guys start a slow jack in separate parts of a room to build up significant precum. Then they all meet in the center of the room, pressing their mushroom heads together, and when they walk backward slowly a spider web like strand of precum is created. Hence the name Prestrand.
by MOShowJay March 14, 2018
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Can you resist a selfie in even the most tempting situations? If so you are blessed with a rare quality in this age: Selfie-Restraint. Many photo snapping fiends can learn selfy-restraint. Tragically, some are beyond rehabilitation.
Speaker: Nelson Mandela spent 27 years in jail…
Michelle: Barack- The girls need to know who Mandela was.
Barack: Should we document this moment?
Michelle: Y-e-a-h. But we need to bring back something more from this.
Barack: Alright, I got it…
Michelle: What?
Barack: Make sure to tag me—Sorry Michelle, did you say something?
Michelle: Jesus Barack! We’re at a Memorial. Show some selfie-restraint!
Michelle: Barack- The girls need to know who Mandela was.
Barack: Should we document this moment?
Michelle: Y-e-a-h. But we need to bring back something more from this.
Barack: Alright, I got it…
Michelle: What?
Barack: Make sure to tag me—Sorry Michelle, did you say something?
Michelle: Jesus Barack! We’re at a Memorial. Show some selfie-restraint!
by CatanSlayer December 18, 2013
Get the Selfie-restraint mug.by Louise November 5, 2004
Get the chemical restraint mug.The act of a driver putting his or her right arm out to restrain the passenger when suddenly braking. This is a very common action between parents and children.
My dad has always been a gas and brake driver, so he has perfected the art of the HSRS or human safety restraint system.
by T in VA March 29, 2009
Get the HSRS or human safety restraint system mug.If only I could resist an eighth piece of cake. The cake is a restraint for example, of your happiness.
by sexymushrooms June 16, 2011
Get the restraint mug.by Taintpainter September 14, 2016
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