So try to buy $100k rice, or better yet, 1 million USD of any co

Can you store it, will it rot, will you have enough space to store it?

Yeah, gold is like oil. but no one can buy a million dollar oil to store it. no one buy 1 million dollar rice to store it.

If you know Adam Smith and David Ricardo, they had explained gold very clear two century ago.

For $4, not even enough for a decent lunch, you might learn something.

http://www.amazon.com/Price-Bullion-Proof-Depreciation-ebook/dp/B004I450LI/ref=sr_1_7?s=digital-text&ie=UTF8&qid=1325905974&sr=1-7

Oh, please do not tell me their theory was too old to apply to world today. Of cause you can choose to, to continue being ignorant about something you do not know.