RE:RE:RE:RE:RE:Goodbye US Dollar
Quintessential1 wrote:
I also think Gold is trading artificially low and I am not quite sure how long the FED can keep holding it down.
I too think gold is trading low, but I'm not interested in it from a currency, inflation or other financially unmeasurable perspective, tho movements from those perceptions are nice. I'm interested in it as an industrial commodity, with major energy shifts and more reliance on different forms of electricity, gold is one of the best if not the best conduit metal and I can see it being used much more for efficiencies in devices, EVs, batteries and other related products.
Pulling it outta the ground and making a gold bar out of it doesn't really have a consumable use, I can't see gold coins & plates being a reasonable currency in the future even if you are down on the dollar and I'm noticing a decline in metallic jewelry being worn (I believe the jewelry market is up but people buy and only bring out at special times), most people are wearing Apple watches and similar body monitoring products (which do contain tiny amounts of gold within the device).
I'm also not a big fan of cry