Comment: we quible over word meanings.

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In reply to comment: Even gold can be a gamble... (see in situ)

we quible over word meanings.

If you have gold as a reserve, and somthing happens that you need to spend it, I call it spent. You however call it somthing else. What an investment?

If your forced to sell gold because the gold is not acceptable in the transaction that caused you to need it in this unknown emergency your still spending it but converting it to the usfull acceptable curency. I still do not see this as an example of an investment.

I talk about usury with a capital U.

sovereign