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Crowbob Crowbob is online now
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Join Date: Mar 2003
Location: NW Lower Michigan
Posts: 29,966
Gold has intrinsic value. Meaning from time immemorial, humans beings have always valued gold.

Gold is permanent. It doesn’t tarnish, rot, dissolve or evaporate. You can bury gold and a thousand years from now it will be exactly the same as it was when it was buried. It is indestructible.

Gold is malleable. It can easily be made into any shape or form. You can cut it with a knife

As such, gold has been a constant throughout history and before. Currencies come and go. Governments come and go. Empires come and go.

You can’t eat gold. Well, you could but why? You can’t eat a dollar bill or a paper check, either. It requires absolutely no special care to keep. The most important thing about keeping gold is to not tell anybody if you have it or where it is. It will always be there. The local bank won’t be.

So…as long as humans have existed they have coveted gold. No matter what. Gold is bitcoin without the hassle of computers.

Here’s an anecdote. If you handed somebody a one ounce gold coin, as I have, every single time, that person will bounce that coin in his palm feeling the weight, the density, the color and the iridescence of solid gold. It’s mesmerizing. To everybody. Always has been. I’m guessing it always will be. Gold, for some reason, perhaps for some of those same reasons noted above, humans and gold go together.

That’s all I got.
Old 04-05-2025, 10:02 AM
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