GOLD 0.11% $1,311.6 gold futures

gold, page-49315

  1. 2,213 Posts.
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    1) This is relative, compared to all other alternatives Gold is remarkably stable. It cant ne created or destroyed. It's rare in the universe. Show me another commodity that is? But don't take my word for it, it's been in use for 5000 years so I think the debate is already done.

    2) You like talking in absolutes dont you? The world is far more nuanced. No one is saying you'll get 100% perfect economy, but compared to what we have nowit's an improvement.

    3) Gold is not a technology, it's just a standard measure of wealth and value. Crypto wont work for the same reason fiat doesn't work, it's not backed by anything tangible.
 
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