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To: This_Dude
"... a shiny metal that you can’t eat, it can’t keep you warm, won’t fuel a vehicle, won’t produce electricity, etc"

I think no matter how bad things get there is always somebody around who is so wealthy that they don't need more food, more heat, more fuel, or more electricity. They recognize the inherent scarcity of gold and will accumulate it.

For thousands of years an ounce of gold has been worth the price of a nice suit of clothes. The U.S. just spent several trillion dollars that it didn't have in order to stabilize the economy. I would bet on gold in the near term and against any currency.

60 posted on 07/08/2020 2:20:35 PM PDT by William Tell
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To: William Tell
I think no matter how bad things get there is always somebody around who is so wealthy that they don't need more food, more heat, more fuel, or more electricity. They recognize the inherent scarcity of gold and will accumulate it.

Or maybe someone who just really, really likes the shiny stuff.


61 posted on 07/08/2020 3:03:59 PM PDT by Perseverando (Liberals, Progressives, Islamonazis, Statists, Commies, DemoKKKrats: It's a Godlessness disorder.)
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