GREY:ALXDF - Post by User
Comment by
goldopportunityon Jun 10, 2017 5:52pm
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Post# 26349278
RE:RE:RE:The real issue!
RE:RE:RE:The real issue!Curvature wrote:
"1. Understand that of all gold produced to meet demand 27% is recycled that should tell you something!"
Tells me there is not enough gold mined to meet demand.
Curvature wrote:
"2. Would you choose gold or food? Actually, I would choose toilette paper over gold in a real world crisis!"
No brainer......I choose gold. Then I have the right currency to buy all the food and toilet paper I need.
Curvature wrote:
"3. The only true value in gold today is as an insurance policy in case of a stock market collapse."
Yes, gold is one helluva insurance policy.....nothing wrong with that. Gold is also a store of wealth against inflationary and debt-ridden money-printing fiat currencies.
Curvature said:
"4. All other uses are simple hot money!"
Really??? Gold is used in industry and electronics to name a few.
Tks for the good banter, curvature. :)
goldopp