Having read about the London gold fix recently i wonder why is gold (or anything for that matter) a safe place to put your faith in.
When a few bankers decide on the price twice daily (I call this manipulation) and the free markets (or me and you) have no say whatsoever whay are we so invested in it?
Please offer some input
Literally no. Gold has had intrinsic value since the dawn of human civilization. Prices of goods in gold do not change. Paper gold is a racket. Actual gold is not.
Who says?
You know how they do diamonds, right? Why not gold too? SOMETHING has to be the anchor, even if it isn't REALLY an anchor, you know?
The laws of physics.
Who they? What do?
Because transmutation of gold is ludicrously expensive, whereas lab-grown diamonds are cheaper than the mined ones.
The laws of physics determine the value of gold? I wonder if they will take a look at this diamond ring i stole off your mom?
Diamonds are a controlled market. Artificial scarcity. Why wouldn't gold be too? Is the value of gold in the bible or something? Gold has the value of eight widows mites per cubit. hahaha! I mean, my point is that MAN places value on whatever MAN wants. Just saying.
Great argument. You’ve conceded the point. Eat shit and die, dipshit.
Because you can make diamonds. You can’t make gold.
It’s in the Constitution, and it has held against commercial goods for over 4000 years, as I said earlier.
And man wants gold to be worth the same, no matter what year it is, no matter what the civilization, no matter where he is on Earth. Stop with the relativist bullshit.