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Value Of Gold Quotes

Silver is of less value than gold, gold than virtue Picture Quote #1
If silver is used and gold is hoarded than how can gold be of higher monetary value Picture Quote #1
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms Picture Quote #1
Knowledge is of more value than gold Picture Quote #1
Gold is the corpse of value Picture Quote #1
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Silver is of less value than gold, gold than virtue  (Value Of Gold Quotes) If silver is used and gold is hoarded than how can gold be of higher monetary value  (Value Of Gold Quotes) A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms  (Value Of Gold Quotes) Knowledge is of more value than gold  (Value Of Gold Quotes) Gold is the corpse of value  (Value Of Gold Quotes)