Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year agoAs Gold Hits New Record, Some See Warning Signs of Civilizational Collapsewww.newsweek.comexternal-linkmessage-square273linkfedilinkarrow-up1457arrow-down121
arrow-up1436arrow-down1external-linkAs Gold Hits New Record, Some See Warning Signs of Civilizational Collapsewww.newsweek.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year agomessage-square273linkfedilink
minus-squarerbos@lemmy.calinkfedilinkEnglisharrow-up6·1 year agoTotally. I was more commenting on the theory of gold having this magical inherent objective value. Which it doesn’t, it’s a commodity like any other. Honestly as a value store, land is probably better.
minus-squareQuoVadisHomines@sh.itjust.worksdeleted by creatorlinkfedilinkEnglisharrow-up4arrow-down1·1 year agoLand isn’t portable. Gold is durable, portable and compact.
minus-squareadr1an@programming.devlinkfedilinkEnglisharrow-up2·1 year agoNot a chemist myself but Gold has lots of industrial applications because it doesn’t react to many other atoms or molecules. For example, it doesn’t rust at all. Similar thing goes for platinum. Maybe we should buy the latter…
Totally. I was more commenting on the theory of gold having this magical inherent objective value. Which it doesn’t, it’s a commodity like any other.
Honestly as a value store, land is probably better.
Land isn’t portable. Gold is durable, portable and compact.
Not a chemist myself but Gold has lots of industrial applications because it doesn’t react to many other atoms or molecules. For example, it doesn’t rust at all. Similar thing goes for platinum. Maybe we should buy the latter…