
Originally Posted by
Fluidic Kimbo
They are making this assertion based on the price of shares. Therefore this Musk guy has shares, rather than actual money.
Of course I do realize that the things in the world that have value are the things we put value in, and therefore you might say that these shares are, in effect, currency. However personally I would not see shares in the same light as money (such as the American dollar, the British pound, or the Japanese Yen).
If he sells those shares then fair enough he will be the richest.
And of course currencies can suddenly drop in value, just like shares.
Only about an hour's drive from me where I live in N. Ireland, you can walk into a shop with 30 grand and walk out with a kilogram bar of gold. That's what I call securing your wealth. I don't trust banks with anything other than pocket money.
That's about 63k here in USD.
I still feel that gold is grossly inflated or silver is undervalued.
There are 3 loves in my life: my wife, my English mastiffs, and my weightlifting....Man, my wife gets really pissed when I get the 3 confused...
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