Which is more valuable- Money, Diamond or Gold???

Malaysia
October 28, 2009 7:06am CST
Anyone can tell me which of the above three things are more valuable?? Money- We can use money to buy gold, diamond and others or many many thing.. Diamond- We must use money to buy it.. It must be after decorate or make out like something or a shape then only has its value... Gold- We can buy gold through money. It doesn't need to be any shape. Friends, i wanna ask a question.. If war is coming, which of the above you think is valuable??? Do you think that time people want your country's money?? You think diamond can exchange with food?? Who knows how to check whether that is real diamond??? Do you know what is the thing in the world that always has its value??? My conclusion is, i think gold is the most valuable thing in the world.. What is yours????
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16 responses
• Italy
29 Oct 09
If the war is approacching , people don't think neither the money nor gold nor diamonts, but nedds food!
• Malaysia
29 Oct 09
Yupp, people all need food that time but do you realize that you do have something to exchange with the food?? If you are strong then you can grab anything you want during the war but other people also got weapon.. What is the thing that people will recognize that time?? If you do not have resource for barter trade then you think people will give you food for free?? So, i think we should always prepare ourselves before something happen. Keep gold as much as you can for any emergency.. Gold can exchange many thing but money only can buy a little gold..
• Italy
29 Oct 09
we will never find an aswer to the question! In war there is a barter: food, clothing and other supplies that are not bought with money because you don't survive only with that (money is devalue and you don't found anyone who buys gold or diamond!
• India
5 Nov 09
Gold is the most valuable thing in the world, the reason being it is not going to lose its value in the near future, and even during inflation, the prices of gold go up.As you have rightly mentioned, money might loose its value in the long run. A $100 will not be worth even $20 after ten years, whereas if you buy a gold for $100 it may be around $200 to 300 or even more after ten years.
• Malaysia
6 Nov 09
..hi rameshkumaar57, thanks for your comment, i have been visited to many jewelery shop & only 80% of the shop will accept the trade in diamond but they only will give back 20% of the money when you buy the diamond. This is really disappointed. Yesterday the gold rate in my country increase 5%. I'm lucky because i just bought some gold a day before & i gain 5% the next day.. Well, i guess by end of 2009 the gold price maybe will go up to at least USD50/gram. Gold is really valuable & it is a guarantee money back product, it is a right thing for us to invest. Gold is recognize in the whole world, no matter where you buy it, you can sell off at any place you like. Not all country's paper money are recognize. So, not all country's paper money have value. So, do invest some for your future. Hahaha... Have a nice day.
@kafueenu (1073)
• Philippines
29 Oct 09
I think all are valuable, haha, If I had an ample amount of all three, I would be very pleased, oh let me rephrase, not just pleased, but very very very happy hahaha. Could you give me some? haha
• Malaysia
29 Oct 09
I have all three things but when i go to jeweller shop to sell off the diamonds, they only can give me a little money & i am lose in this trade. When the time i buy i use a big amount of cash to buy but when sell off they will deduct a direct a minimum 30% first then the balance will give me back.. This also happen to gold but the gold price will increase. Year 2002 till 2009 the gold price already increase 300%, so now if i sell off the gold i do not lose much... But when we look back at our money... The value is getting small & smaller... So...
@kunal0099 (234)
• India
29 Oct 09
Money will be my answer, Because i think you are tricking in this question.
• Malaysia
29 Oct 09
I am not tricking in this question.. Just to let you know my experience.. At year 2002 till now, i have bought a lot jewels such like diamond, gold & platinum. This year when i go to some jewels shop, they told me that my diamond & platinum now no value, i got to lose at least 30% of the price i bought few years ago.. But when i show them my golds, they although deduct 30% of the actual weight value but i make money, because 2002 to 2009 the gold price in the world already increase up to 200-300%. I am happy with that. When i ask them if i want to buy the gold now, they say now i have to use many money to buy it. The money already become small (less value)... So, i think not only for war but now gold already very valuable..
@gongdong (24)
• China
29 Oct 09
I think money is more valuable among them.the reason is that: Money can be used to by diamond and gold.though money has no value,it has price.Even in a war,money can be exchanged between different countries.
• Malaysia
29 Oct 09
There are many country's money is not recognized. Please view back to the 2nd world war, only resource & gold are recognized. My grandfather told me that, during the war time there is nothing valuable but only gold. Gold can exchange with food or weapon but money can not. No matter you bring how many kilo of the paper money to buy even a bread but no one will accept the paper money.. Please keep yourself alert to the above matter. Many people still not realize the value of the thing. Value & price is two thing.. is a very big different thing.
• United States
29 Oct 09
I think gold is the most valuable as well. Gold and silver was what was use to make currency back in the day. Even our nation has a stock pile of gold at Fort Knox which is supposed to equal our currency.
• Malaysia
29 Oct 09
You are knowledgeable. But i have make many survey with many generation of people, my result is, only those 40 years above generation agreed the gold is valuable. Those younger generation still not realize the gold & the currency.. They thought money is everything.. I am worried about the younger generation now.. Maybe nowadays people think there will be no wars anymore.. I do not know.. But no matter how, for my opinion, if we do not have any resources then gold is something valuable & easy to get now.. So, buy as many gold you can for emergency.. hahaha..
@haiershen (1084)
• China
29 Oct 09
if war is coming, i think food is more valuable than those metal,but if only three answer you said, i think gold is the most valuable thing in the world,as we were in the war, the paper money and the diamond were exchanged more difficult than gold, diamond always need the expertor to be estimate the price and it is easy to break down while carry, but gold have not had this problem. good luck and have a nice day!
• Malaysia
29 Oct 09
You are right, everybody knows that food is most important during the war coming. Everyone knows that resources will be the most important thing in future. Not only during the war time, but i think no matter how, all the resources also need something to exchange.. If we have resource we can do barter trade if not the gold is most useful & valuable thing to exchange food.. Thanks for your opinion..
@vandana7 (42728)
• India
29 Oct 09
In equal worth? I mean gold equivalent to $1000, a diamond costing $1000, and cash $1000? I'd say money. :) Well, in stock markets u consider liquidity to be an issue. When u cant have liquid (cash) in time, u have to come down from pedestal that is bring down the cost of gold, or diamond. There aren't adequate buyers for that! Of course, if u were considering in terms of gift to ur sister, mother, or girlfriend, opt for diamonds, and if u r thinking in terms of investments, think of gold. :) In short, if it is for personal use at present, money, if it is for giving gift, it is diamond, if it is to save for future, it would be gold. :)
• Malaysia
29 Oct 09
Let me tell you about my experience.. I bought a gold & a diamond few years ago both worth USD5,000. This year i go to sell off all these thing but for diamond i only get back USD3,500, the gold is USD13,000, with the same money USD5,000 i could not buy a same quantity of the gold right now.. So, what do you think.. Which of them is most valuable.. For me, diamond is just an accessory or fashion or decoration. Paper money is something we use to exchange for something now but in future i can not guarantee whether is it still useful.. I can share with you is Diamond & Money are always lose in value but Gold will always gain in value.. Value is something forever and being recognize. So, keep more gold & you will not regret. Hahaha..
@earth2jacq (1503)
• Philippines
29 Oct 09
I would choose money as it is liquid. Ready to use at the time you most need it. It is much more convenient also if you need to pay for something and you know that you are exactly paying for its worth. Unlike if you pay in gold you might be for the item more than it's value.
• Malaysia
29 Oct 09
...Hi earth2jacq, money is liquidity but it does not has the value.. If you use the gold like gold chain to buy something or exchange for the money of course you might lose because the goldsmith want to earn money. But if you use the gold bar to exchange resources with other people, i think nobody will reject you. Do you know that gold can control a country's currency? Some country's paper money are no value & their money must change to other currency then only they can spend in other country. It shows paper money is not really valuable. Diamond is a kind of accessory or for fashion purpose, so it always lose in value. Gold is recognize all the time.. So my friend, keep some gold for emergency ya... Hahaha.. Have a nice day..
@youless (67875)
• Guangzhou, China
29 Oct 09
If you want to regard it as the investment, then the gold is still the best way. The money can become to be invaluable due to many reasons, such as the war, the economy crash and so on. The diamonds can't sell so fast. And sometimes it needs the expert to estimate its value. Whereas the gold can exchange the necessary stuff when there is an emergency. And the gold is available in the economy market. I love China
• Malaysia
29 Oct 09
I love your explanation. Simple, straight to the point & easy to understand. Actually a country's gold & the currency should be equal but do not know why suddenly the whole world's currency become valueless & happen to economy crisis. I think we should educate our next generation what is the word 'value'. Many people still do not realize the value of something but only knows using money to value a thing. A valued thing is a thing that is recognized forever & ever. I am not from China but I am proud of China because the government has had control their country financial well. It's currency & the gold value is equal. That is why now every currency is not stable but only renminbi is stable.
@artistry (4156)
• United States
28 Oct 09
....Hi lpmak1576, If you are speaking of value now, then gold is more than likely worth more. The U.S dollar is worth some 76 cents maybe 86, about now. Diamonds are probably worth less than the gold, more than the dollar in equal parts. But in your question, you mentioned, "if war is coming", if that would be the scenario, then your gold must be traded or sold, your dollars must be accepted for what you want to buy, and your diamonds must be traded or sold for goods or money. That means you must have an accesible market and willing or reliable brokers. In war time, none of these things maybe viable or of value. Only after the war is over would those things be of any value to you, in my opinion. The most valuable thing at that time would be food and water to stay alive, until better times come around. Take care.
• Malaysia
29 Oct 09
...Hi artistry, for my opinion, gold will be forever valuable & not only if war is coming or during war time or even good economy time.. Anytime also gold can exchange for resources or food or anything. Diamond is only a type of accessory or for fashion purpose. Paper money is easy for us to buy something but do not forget the currency value should be equal to the country's gold, that is why now happen economy crisis.. Because the gold & the paper money in the market are not equal!! I scared one day all the currency in the world will not be recognize and that time all our paper money become rubbish or turn into small value.. But if that time you have gold, you can use it to exchange anything you wish to, because no matter anywhere you go, gold is recognize.. That is the power & value of the gold.. So, my friend, do keep some gold for the emergency..Hahaha.. Have a nice day..
@getbrowser (1715)
• China
28 Oct 09
It is obvious that gold is valuable than diamonds. You see, gold is recognized in every country all over the worlg as legal tender. Gold can be melted and is useful not only for beauty or decoration purposes but for many other uses as well while diamonds are broken easily. On the other hand, diamonds are only as rare as the suppliers need them to be. There are too many in the world to sustain the market without restricting the supply. If I have chances to choose between paper money or gold, gold is my choice for it is the standard all the time.
• Malaysia
29 Oct 09
So, my friend.. Please do not wait anymore.. If you have money, do buy more gold to keep as investment or anything happen you still can use the gold to exchange for something of food.. I am happy because you understand the value. Many people do not know and they only keep a lot of money. Paper money is only useful now to buy things but we must always keep alert that anything will happen tomorrow. So, at least keep a little gold for emergency.. Economist never keep money. They do barter trade - all the trade is only using gold & resources.. As what you mentioned, gold is the standard all the time. Good luck & have a nice day..
@Baluyadav (3644)
• India
28 Oct 09
Hi,all 3 are not valuable when you are in hungry.Only food is valuable in any time,without food we can't do anything with those metals.If i have to say out of 3 i vote for gold because it is well known,it is not spoiled and more over it is known to every body unlike Diamond which few remote people may not recognize that it is a such worth.Have a nice time.
• Malaysia
29 Oct 09
You are right too.. When people are in hungry sure the first thing in the mind is food. Of course we know that resources are very important in our life. If we have resources we can do barter trade with others who have resources, but if we do not have, then the only valuable thing and the recognize thing can exchange food for us is GOLD. Not all country's currency is recognize. Diamond can not affected a country's economy, it just an accessory or a decoration. And currency is just like the diamond, they are always lose in the value. Gold will affected a country's economy. Gold is useful since long time ago and its value is increasing. So, my friend, please keep more gold for future or any emergency.. Hahaha.. Have a nice day.
@bantoogi (24)
• Canada
12 Nov 09
gold is THE most valuable. Here's why: It's a historical fact. Wars have been fought over gold. Empires sack and plunder villages for gold. From the Ancient Egyptians, Greeks, Romans to the California Gold Rush to Pirates of the Caribbean, the world is crazy for gold. If war is coming, I'd wanna have a large stash of gold coins and bars in small weight denominations (1/2 ounce and 1 ounce pieces). In a war, no one cares about fiat paper money. It's all about true value. What makes gold so valuable anyway? It is the most versatile material in the world, and it has enough rarity to make it very valuable.
@mylo2008 (55)
• United States
29 Oct 09
It depends on the market. Right now I believe the value of gold is worth more than both diamond and paper money. Gold, even if it is broken it is still gold. Diamond value depends on clarity, cut, and so on and so forth. Money well we know that right now the value is down tremendously. A twenty dollar bill today will not allow you to have what it could before.
@irene3184 (902)
• Philippines
29 Oct 09
Gold is not more valuable than diamonds. Diamonds are rated by their clarity and color. These factors, along with the size of the diamond determine the price, which varies widely. Diamonds can contain other elements besides carbon that give them color. Gold is an element that can be melted together so the size of the individual pieces of gold is not that important, just the total amount you find. The price of gold, since it is all the same stuff (except that which contains other elements that give it a different color, like white or pink) is determined on international markets that you can check daily.