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why don't you believe in gold?

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Thread replies: 24
Thread images: 4

File: putin-gold2.jpg (126KB, 772x975px) Image search: [Google]
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why don't you believe in gold?
>>
Because I'm just a small town girl, living in a lonely world.
>>
>>1650748

You should try being an uptown girl, living in an uptown world.
>>
I took the midnight train going anywhere
>>
>>1650736
I believe in gold SO MUCH I'M MAJORING IN GEOLOGY
Hopefully minerals will be valuable when I graduate.
muh gameplan.
hoard money during the boom, play the market during the bust.
>>
Because it's useless. What can you do with a shiny brick?
>>
>>1651013
what can you do with a sheet of paper?
>>
>>1651013
you can build a house made of gold
>>
>>1651020
You can exchange it for goods and services.

What store accepts gold flakes?
>>
>>1651013
this has to be bait
>>
File: Kintsugi.jpg (119KB, 1280x989px) Image search: [Google]
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>>1651013
>What can you do with a shiny brick?
Fix my pottery, for one.
>>
gold has no utility, which is why its very valuable.
>>
It is just another commodity among many bonds, commodities and stocks you could invest in. Even if it has an advantage over these 1000s of potential investments, the advantage can only be temporary, the price can't rise forever.

It is pointless to take something like gold, a penny stock or a cryptocurrency and "believe" in it. If you want the slightest chance of consistently beating the market you have to drop such superstitious irrational thinking.
>>
>>1651062
How is it bait?

What is gold used for? What makes it better than $$$?
>>
>>1651100
this, all that really matters is whether the price is going to go up or down
>>
>>1650736
Doesn't earn revenue. I'd rather speculate with stocks or bonds.

>>1650752
But I've never had a down town guuuuuuyWE DIDN'T START THE FIRE. IT WAS ALWAYS BURNING WITH THE PLAY US A SONG YOU'RE THE PIANO MAN. SING US A SONG TONIGHT
>>
>>1651099
>gold has no utility,
>he said posting from a device which integrally contains gold
>>
>>1651275
Silver has more industrial use
Gold is only needed in small amounts because of how durable and workable it is

Both are good to hold in small units, there will always be a demand either jewelry or tech industrial
>>
>>1650736
I just haven't been given proof it actually exists.
>>
it has ultimately no scarcity due to alchemy

worthless
>>
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>>1651758
probably true tbqh family, their just feigning scarcity to us to keep the price high like with diamonds and other metals/jewels
>>
File: TraitsOfMoney.png (194KB, 660x393px) Image search: [Google]
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It's inferior to Bitcoin.

>Gold searches and seizures in India. >Government wants to confiscate 85% of peoples gold as "TAX"...
>Indian Government wants to search citizens homes to confiscate FIAT and Gold.
>Bitcoin Unaffected.
>Expecting record demand and Volume. >Bitcoin price expected to soar.
>Status: Killer app activated.
>>
>>1650736
Never mind the gold. Wtf is Putin's workout routine?
>>
>>1651956
Using political prisoners as his punching bag.
Thread posts: 24
Thread images: 4


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