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+Xtraderr Many seem to think gold has a lot of uses and is like oil, even though it's mostly just used for jewelry and has very little practical application.

+Duckstalker1340 The vast majority of gold is used just as a decoration and hoarding thinking it will go up.

+Anthony Nguyen you are stupid because if you don't use gold as money then what'd you use for money? you rather give the bankers the power to create debt which is your money so can't be more retarded than that lmao.money=debt lol that's not stupid at all that's "modern" make all the idiots pay the interest to me...

Gold is a far better conductor than copper that recently discovered that would improve battery efficient by a massive 400 times, there is not enough gold that's why it is so expensive.

+Alan SnackbarYou can shop for food with gold? cool.Farmland is a much better investment, it actually has many practical applications and since the population will keep on growing, is guaranteed to be of value.Gold isn't, if Indians decided they don't like gold jewelry anymore, the price would plummet.Gold investing scams are always surfacing during low growth times, then when gold loses value for a decade people forget it.

+infiltr80r Gold has been worth goods/services for many generations. You are a retard with no argument

+Alan Snackbar Feces has also been around for a long time.

+BruceBlitzHasTitsPrices go up simply because there are more consumers every day and resources are limited.I do think that the whole "inflation is good" attitude is terrible though. Let currencies deflate.

+infiltr80r thats the mind trick. prices don't actually go up. the value of your fiat goes down.

+BruceBlitzHasTitsUSD? GBP? The inflation is really very low, you have selective memory as do most people (myself included). We only notice when prices go up.

+infiltr80r i currently witness my currency devalued every day before my eyes! i see prices going up everywhere in all sectors. the reason things cost more is because the purchasing power of the fiat goes down.the reason it keeps going down is because it is printed into infinity. thats why i transfer my fiat ponzi paper into physical.

+BruceBlitzHasTitsYes, the sun also implodes eventually.I've witnessed 2 fiat reforms/changes in my relatively short lifetime, in neither case your money became worthless nor was devalued.If you really believe your country will face a war where everything is destroyed then I suggest you move ASAP and not wait.

+infiltr80r now compare that period of time to where we are at in our fiat life cycle today. remember ALL fiat currencies die. look at the fiat life cycle.

+BruceBlitzHasTitsYou absolutely don't know that. Ask the buyers in 2005 who bought in 1980 - that's the time they reached only breakeven.

+infiltr80r another 40+ yrs. i know my physical will keep it's value safely. my current fiat will not.

+BruceBlitzHasTits You're planning to live for 1000s of years?

+BruceBlitzHasTits yes lol funniest when they keep saying that gold needs faith lmao but their debt money doesn't need faith? wtf gold exists forever so it requires zero faith lol their debt system is based on faith only lolso they are constantly trolling the opposite I can't understand how people are not outraged by these idiotic propaganda trolls..

currency can still be used as wallpaper

+BruceBlitzHasTits Not to mention gold is used as a conductor in all computer chips so even if humans decided to use something else as a currency tomorrow it'd still have some value behind it