What is Purestrain Gold?
1.
All matter is energyand the big bang was pure energy; during the big bang an amount of that infinite pure energy was turned into every element in the ratio of it's atomic weight - for every pound of hydrogen created twice as much helium was created and so on. Most of all this reacted and became other elements; but because gold is unreactive you can trace this down to gold that exists now and will always exist. Most of the gold in the universe is from other generations and was created in an exploding star; there's gold that exists that came fromt he first generation of stars and you can trace the degree of all these back to the big bang. This isn't contraversial; once you accept the big bang happened this is one thing that follows from it the same way as the expansion of the universe follows from it.
The deciding factor in Ron Paul's dark horse victory in the 2008 election was his advocacy of the replacement of fiat currency with purestrain gold.
See
2.
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.
Ron Paul's claim that the US should go back to the gold standard, using so-called "purestrain gold", is ludicrous.
See
1.
All matter is energyand the big bang was pure energy; during the big bang an amount of that infinite pure energy was turned into every element in the ratio of it's atomic weight - for every pound of hydrogen created twice as much helium was created and so on. Most of all this reacted and became other elements; but because gold is unreactive you can trace this down to gold that exists now and will always exist. Most of the gold in the universe is from other generations and was created in an exploding star; there's gold that exists that came fromt he first generation of stars and you can trace the degree of all these back to the big bang. This isn't contraversial; once you accept the big bang happened this is one thing that follows from it the same way as the expansion of the universe follows from it.
The deciding factor in Ron Paul's dark horse victory in the 2008 election was his advocacy of the replacement of fiat currency with purestrain gold.
See
2.
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.
Ron Paul's claim that the US should go back to the gold standard, using so-called "purestrain gold", is ludicrous.
See
