Look up the long term return on gold vs on the stock market, bond market, housing market, practically any market you like. Over multi-decade periods, gold is one of the worst investments anyone could have chosen.
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Originally Posted by jcommin
When you eliminate greed, will you solve the problem. Remember: laws are for the law abiding. People stay up all night finding ways to get around the rules, laws, etc. It's who we are.
Problem solving requires looking and finding the root cause. We only fix the surfaces.
I have heard a story that 1/3 of the world's gold is buried in the back yards of Europe. Countries constantly got invaded, had high inflation, the currencies and government weak. The only thing people could count on was what they could carry and gold. I'm beginning to think my grandmother was right.
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