does gold have any value besides being shiny?
when worse comes to worst, will it still hold a value like oil or iron?
Does gold have any value besides being shiny?
Chase Bailey
Brayden Parker
Jose Perez
>tranime
You have bigger things to worry about
Jackson Adams
>when worse comes to worst, will it still hold a value like oil or iron?
meanwhile in Venezuela
Isaiah Rodriguez
It has a number of niche industrial & medical uses. So does silver for that matter.
Cameron Rivera
Depends on how much food the adeptus mechanicus is willing to pay your for it.
Owen Morris
>niche uses
>literal gold standard for trade since the dawn of mankind
Hudson Jenkins
Right, but what actual application does it have? At one point your ancestor was getting paid a fraction of a gold coin to suck her client’s dick until he blasted your granny’s face with cum but that doesn’t give gold inherent value.
Logan Clark
Highly conductive.
Asher Flores
apparently it has the inherent value of getting people to suck your dick to get it
Sebastian Carter
a good electrical conductor
Easton Cruz
Oliver Ward
Being shiny is an inherent value.
But yes. Golds properties make it useful for a large number of applications. If gold suddenly became as plentiful as copper it wouldn't suddenly become completely worthless, as you'd see it in loads of industries where it's objectively better but just not used because it's too expensive.
Chase Thompson
>what actual application does it have?
currency.
Benjamin Roberts
It's used to back fiat currency like the dollar, as the value of gold rarely fluctuates?
Ever wondered why the dollar became the International currency in the 40s?
Because atm US federal reserve held the most gold in the world
Cameron Wood
I thought currency wasn't backed by the gold standard anymore?
James Rogers
Satan confirms
Sebastian Watson
It held its value through the fall of every empire to date. Any advice you'd give to the citizens of late stage Rome, would probably apply to our current situation
Jace Flores
Money really is the root of all evil
Jacob Davis
It was when the dollar became international, now it's all speculation but ig if the economy collapse you can still use gold as the last resort
Joseph James
>paying for haircuts
unironically ngmi
Oliver Bell
Checked and keked