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Posted by Old Norm (Member # 1482) on 10-24-2019, 05:37 PM:
 
If gold is so much more valuable than cash, why are they trying to sell it (for money)? Besides that, they are paying out the yazoo for advertisements. I don't get it.
 
Posted by Tiptree (Member # 844) on 10-25-2019, 09:51 AM:
 
Gold has no intrinsic value other than its use in electronics or other industrial uses. Those who are pushing you to buy gold are the only ones guaranteed to profit from it.

Gold is the classic medicine for market fear, but it rarely works. I recommend burying money in coffee cans before buying gold.
 
Posted by CatFanInYankeeville (Member # 2025) on 10-27-2019, 12:29 PM:
 
But money has no intrinsic value either. If you really want to lock in 'bang for your buck', you have to find something that will be worth the cost in barter, should the proverbial poop hit the fan. Find something everyone needs, and can be stored indefinitely. That'll be as good as gold if you ever need to trade for goods/services!
 


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