450d
You can't eat gold, and the people saying it is worth more than fiat are selling it in exchange for fiat, which seems against their claims. When fiat collapses, why would people value gold?
  450d
Hmm gold has been money for thousands of years. You may not be able to eat it, but I bet you can trade some for food or whatever else you need. Better than carrying wheelbarrows full of cash.
  450d
Gold is a way to keep your wealth, not to make wealth. Unless you speculate on gold short term with leverage and get lucky multiple times.
  450d
If you dollar cost average buying gold every month/year you will see the purchasing power being retained but not increase on average over time. Compared to other investments with higher risk/ROI.
  450d
The total amount of gold that is possible to mine is unknown, but here is an estimate: https://www.gold.org/about-gold/gold-supply/gold-mining/how-much-gold-has-been-mined about 22% of gold unmined.
  450d
While it is harder to mine the next ounce of gold and the amounts left to mine is shrinking every day, the last 100 years the yearly production have gone up due to tech and discovery.
  450d
  450d
Gold is super interesting just as a thought experiment too. Like doesn't having massive stockpiles of gold diminish it's value? Since there's no "velocity of money" so the whales can always dump.
  450d
I'd argue that's probably BCH's #1 problem too - there's a few whales with large piles of BCHs that aren't moving any value. Roger should really be buying and selling commodities with his stack.
  450d
At least Jihan is selling miners for BCH, unfortunately he's not paying his suppliers in BCH so it's not working to increase velocity very much.
  219d
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Karatbars International provide a solid solution and service inside their eco-system www.karatbars.com
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  172d
Looks like a gold breakout is imminent on the monthly timeframe: https://finviz.com/futures_charts.ashx?t=GC&p=m1
  169d
Re: #DropGold campaign
Gold is unhackable.
Unlike "BTC" your grandmother understands it.
  168d
Schiff Gold (by Peter Schiff) accepts Bitcoin Cash (BCH) payments through BitPay https://schiffgold.com/buy/buying-gold-silver-bitcoin/
  158d
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Gold is a commodity it is used in medicine, electronics and more - there are also traditions involving gold & jewellery

  103d
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Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse
https://news.bitcoin.com/dutch-national-bank-says-gold-can-re-start-economy-in-case-of-total-collapse/
  53d
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