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Which is more valuable- Money, Diamond or Gold??? email this discussion to a friend?

lpmak1576 (7)   ranked 17 out of 297 in thinking1 month ago

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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User has not selected a best response.
tags:  gold, money, diamond, value, think
 
1. myLot reputation of 85/100. kling2388 (1513)   1 month ago

I guess gold. Gold (all money for that matter) have value, because people believe they have value. Second, gold is a precious metal, there is a finite amount available, it doesn't rust, and is a hearty metal. w00t


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

Thanks for your comment. For my opinion diamond is just an accessory or a fashion and it does not affected the economy. Currency actually should be equal to its country's gold but since the economy crisis we know that almost 90% of the country in the world do not has equal gold with its currency. So, the currency rate is always not stable and the value is less.
I would like to share is gold is useful and is recognize in the whole world. Diamond & paper money is always lose in value but since long long time ago till now or even in future, gold still the most valuable thing. Please buy gold & keep. Hahaha...

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2. myLot reputation of 84/100. VANILLAREY (1011)   1 month ago

At first your question seems odd. However thinking as an economist, one can say that gold is more valuable. The value of currency can decrease to the value of paper. Since diamond is not available in large quantity and it is not traded in exchanges. Gold on the other retains its price and the price has been on an uptrend. So Gold is much more valuable. thumbup But in terms of price right now diamond is valuable.


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

For my opinion, no matter is in economy or any time or place, gold is most valuable. Diamond is expensive because of its price but not value. Many people thought something can use money to exchange or something buy with much money is called value. I not agreed with that.
Please do an experiment, if you go to jewels shop & ask the boss, you want to sell off a diamond and also a gold to get back money, you can ask him which is more valuable?? and also see what is the money you can get back..
I am sure you will disappointed to the money you can get back. So, price & value is different.. Currency & diamond is something will lose in value but gold is forever gain in value & being recognize...

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3. myLot reputation of 92/100. Baluyadav (987)   1 month ago

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. happycoolthumbup


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

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.

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4. myLot reputation of 94/100. Binthu (2920)   1 month ago

Hi Lpmak,

When you have looked this matter in the economist hand he would
suggest you that the Gold is one of the more valuable things in the
life because we can reuse at anytime when required. But in case of
diamond which also more expensive than the gold but unfortunately we won't
get the right amount when required, so the gold is the one having the power
to sell or buy from the markets and also most of the country's economy would
be judged by it's gold reservoirs .


Have a nice day.


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

You are right, as what i experienced, diamond is expensive because of the price but it does not mean it has valued. Or in the right way i should say that diamond will lose in value & normally it just an accessories or a fashion thing.
Not all country's currency is valuable. Not all country's currency can be use in the trade. But, all the gold in the world can exchange anything. Gold is recognized. Thanks for your comment. Have a nice day too..

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5. myLot reputation of 99/100. getbrowser (1430)   1 month ago

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.


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

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..

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6. myLot reputation of 86/100. artistry (505)   ranked 233 out of 297 in thinking   1 month ago

....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.





lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

...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..

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7. myLot reputation of 96/100. youless (15140)   ranked 59 out of 297 in thinking   1 month ago

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 Chinathumbupthumbupthumbup


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

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.

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8. myLot reputation of 94/100. earth2jacq (904)   1 month ago

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.


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

...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..

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9. myLot reputation of 97/100. vandana7 (1386)   1 month ago

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.:)


lpmak1576 (7)   ranked 17 out of 297 in thinking  1 month ago

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..

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10. myLot reputation of 91/100. irene3184 (669)   1 month ago

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.

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