Indeed, as Roger Garrison notes, «a paper standard administered by an irresponsible monetary authority may drive the monetary
value of gold so high that more resource costs are incurred under the paper standard than would have been incurred under a gold standard.»
Not exact matches
Gold is both scarce and finite — one
of the main reasons why it's
so highly
valued — and explorers are now having to dig deeper and venture farther into more extreme environments to find economically viable deposits.
Think
of Bitcoin, they say, as digital
gold — a
so - called «store
of value» that, like the precious metal itself, doesn't need to have a lot
of practical uses to be worth a lot
of money.
One
of the reasons why
gold is
so highly
valued is for its scarcity.
While some investors might view the lower output as disappointing, others no doubt see it as a reminder that
gold is a finite resource, one
of the many reasons why it's remained
so highly
valued for centuries.
when cocacola can make his corporate controled cocacola bitcoins diferent that
of gold bitcoins which is controled by Satoshi Nakamoto rules when cocacola can give to their employees free bitcoins for good work and their loyality to company when cocacola can make IPO - s in exchange
of cocacola bitcoins and owners
of cocacola bitcoins can have real vote power in cocacola structure proportional
of their amount
of cocacola bitcoins when cocacola can guarantee a minimum exchange
value of his cocacola bitcoins to real $ or â «¬ or
gold bitcoins and
so on and ofcourse if cocacola accept cocacola bitcoins in exchange
of his real goods, cocacola bottles...
Listening to the hoopleheads debate the intrinsic
value of Gold or lack thereof is like watching professional soccer — there will only be one point made for every 27 hours or
so worth
of back - and - forth tedium.
For those who understand the tremendous financial and geopolitical forces that today are vying not
so much for supremacy as they were previously, but for survival;
gold remains as it always has been — a store
of value in times
of monetary chaos and economic distress.
So on that basis, if we look at the
value of gold being thirteen hundred dollars today relative to the cost
of mining..
So perhaps the fair market
value of Bitcoin could be something like $ 2,000 per Bitcoin in analogy with the
gold mining.
So if Bitcoin becomes the dominant non-sovereign store
of value, it could be the new
gold or new reserve currency,» Pfeffer said at the event.
It's solid 14k
gold so you know that it's a great
value regardless
of what size you get.
Our team
of moderators screens every profile, and monitor carefully the site
so we can get rid
of fake profiles, scammers,
gold diggers, and any type
of profiles that we believe don't match our
values.
«These kids have a heart
of gold because they have been taught from a very young age that having integrity and treating people with respect and being kind and saying what you mean and meaning what you say, is just
so important...» It's these
values that give Michelle meaning and
value in her own work with charter schools.
If we could get the total cash
value of gold today (around 1900 an ounce) for all
of the boullion in the vault we would have about 2.7 trillion dollars...
So it would not cover our debt or even get close.
I wouldn't say that
gold has zero intrinsic
value because
gold is not a business
so traditional models are inappropriate, but I would say that
gold * certainly * doesn't have a
value of $ 1,500 and it's propped
so high only because
of investor expectation.
Substitutes
of equal or better quality for most industrial or other uses
of gold exist,
so if if the popularity
of gold declines, or if the hoarders
of gold have to liquidate, it's
value will diminish.
By contrast, the supply
of gold is limited by the high cost
of mining,
so gold bugs consider it a more reliable store
of value.
As major currencies such as the euro or the dollar lose
value,
so the price
of gold increases.
Gold also has few industrial uses,
so it's
value is completely due to people's perception
of its
value.
The
value of gold does, in a general sense, go up with inflation, but then
so do almost all other non-dollar investments.
-- This is really just the bar
of gold (counter --RRB- argument in disguise: A bar
of gold has no yield —
so what's its intrinsic
value, who knows how high / low it might trade, maybe it's even ultimately worthless?!
There are actually two; 1) the Greek situation will probably stumble along in its current form for a while, creating substantial volatility in world stock markets, and 2) given all this negative news there may be some nuggets
of gold in the Greek stock market that are worth a look for adventurous
value investors (the WSJ had a piece on Greek shipping companies today,
so I'm not alone with this line
of thinking... beware!).
Your purchasing patterns aren't going to be exactly equal to the goods and services that make up the CPI,
so the
value of gold to you will be different from what an economist would calculate its purchasing power to be.
The point
of adding the Platinum into the mix is to earn more overall
value so that means you'll need to find the spending threshold where the
value earned from the Platinum will be more than the
value foregone from the Premier Rewards
Gold Card, after factoring the additional $ 250 you'll be paying for this additional earning potential.
I
value Hyatt
Gold Passport Points somewhere around 1.4 cents each
so 10 nights, which earns 15,000 points, would net an effective rebate
of $ 210 or $ 21 / night and that's not enough
of an incentive to make me book more Hyatt stays or to get me to move any stays I have at other hotels over to Hyatt.
Kaanapali Beach Hotel • «Cultural Heritage Odyssey Award» for the hotel's music CD, E Hoomau I Ka Pookela Travel Industry Association
of America, 2000 • «Best Places to Stay
Gold List» — Condé Nast Traveler, 2000 • «Best
Value Hotel» No. 1 in Hawai'i and No. 3 in the World — Travel + Leisure, 1998 • «The Most Hawaiian Hotel» — The Waiaha Foundation, 1995 • Designation by President George Bush as being the 648th Point
of Light for excellence in volunteerism; the only hotel in the nation to be
so recognized, 1992
If you're currently Marriott
Gold elite member and going for a Marriott Platinum Status challenge right now (or thinking about doing
so), the most recent Marriott promotion can net you a lot
of value in return and can help offset the cost
of your mattress runs.
Still, I
value Membership Rewards a lot
so I think there's plenty
of value in the Premier Rewards
Gold Card and that's why I hold both
of these cards.
So that's a total
of $ 321 in
value received from the free night certificate and Marriott
Gold Elite Status.
That's in line with other similar cards, although in my case the added benefits are
of little
value to me,
so I'll have to see if Hilton
Gold Status is worth $ 95 / year to me when its up for renewal!
In this Delta credit card review, we'll tell you about the pros and cons
of Gold Delta SkyMiles ® Credit Card from American Express, and take a look at how it compares to other airline credit cards
so you can maximize the
value of this airline credit card.
Classic LEGO standards
of replay
value includes replaying levels to collect and purchase red bricks,
gold bricks and more besides which you may have been unable to do
so during the first playthrough without having access to a certain character.
So, unless a player spends a few extra hours to replay levels for the
gold medals or earn enough cash for the rest
of the unlockables, The Gunstringer might not be a worthwhile investment; though it does come with the $ 10
value of the Fruit Ninja Kinect game voucher for Xbox Live.
Like Xbox Live
Gold and PlayStation Plus, Humble's service gets you a generous helping
of free games every month — albeit for PC instead
of Xbox One or PS4 — but the
value inherent in Humble's offering is
so much greater.
You know the actuarial
value of all
gold plans is the same,
so your choice is being made based on how you'd like to use the insurance rather than on how much it's worth.
So, if there is a rise in the
value of rupee, the
gold prices in Bangalore would fall.
When people realize the folly that is traditional currency, its intrinsic
value and rethink the very idea
of money, they will realize the potential
of cryptocurrencies, and more
so stablecoins, and physical assets like
gold and silver themselves.
The biggest loser
of the first quarter
of 2018 is Bitcoin
Gold, which lost 83 %
of its
value so far, dropping from its all - time high
of $ 484.78 last year, to its current market price
of $ 42.73.
Let's not forget that the total market
value of these cryptocurrencies is $ 180 billion or
so, maybe a little less now - that's tiny compared to
gold.»
Just like the world can collectively decide that
gold is no longer worth anything overnight (by ceasing all buying
of the precious metal everywhere),
so too can the users
of a protocol make a cryptocurrency jump or drop in
value.
Despite the increasingly polarized community stance on SegWit2x, the new chain's futures have
so far managed to avoid the fate
of fellow fork Bitcoin
Gold, which immediately sank to a fraction
of its initial
value.
Over the course
of the past week or
so I have spent lots
of time thinking and writing about how cryptocurrencies represent solid
value relative to stocks, bonds and other commodities like
gold or oil.
So we think that the
gold market which is $ 9 trillion, and for a generation
of investors
gold was their store
of value.
Bitcoin Development Similar to 1800s
Gold Rush: Expert TransferWise CEO talks about Brexit worries for FinTech companies As the
value of Bitcoin increases,
so do the scams — educate yourself to protect yourself.
«Bitcoin is our digital
gold —
So we think that the
gold market, which is 9 trillion, and for a generation
of investors
gold was their store
of value,» explains Tom Lee.
They are
so CLOSE to their own day - to - day initiatives they dismiss critical nuggets
of gold and «blather on» about insignificant information that has no
value to the reader.