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0.11% $1,311.6 gold futures

You've got that wrong, gold has no intrinsic value. Is paper...

  1. Skol
    15,705 Posts.
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    05/03/19
    08:23
    Post #: 37652108
    You've got that wrong, gold has no intrinsic value. Is paper money made from gold and silver? 

    Bernanke said gold was not money, he said it was an asset. He's right, gold is not money, it's an asset like copper, property, a car, goods, valuables etc.

    https://hotcopper.com.au/data/attachments/1459/1459565-fa2bbde3a90eaa979eafe2c7bbdbc132.jpg



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    lightbulb Created with Sketch.  Great analysis
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