/biz/ - Business & Finance

all refined metals have a value you clot

> you will not live long enough to see the gold bubble finally pop and it becoming worthless

>>10658767
>Necessary highly conductive metal in basically all electronics
>Worthless
Kind of like your opinion

>>10658794
unironically this
fucking coiners are so stupid

fuck metal

https://icomarks.com/ico/conventment

>>10658794
>>10658705
Get fucked faggot
Hows that slow bleed since 2015 going for you? :)

>>10658767
will you live to 2020? As soon as Gold breaks 1200, it's a free fall to 1000, then 500

>>10658564
>buys $5000 worth of silver at 17 dollars in 2018
It is now 2030
>the $5000 is still worth $5000
yeah metals seem like a really awesome investment opportunity.

>>10658794
Gold isn't a very good conductor, copper and silver are better (both electrically and thermally), the only use for gold is in a few microns thin plating to prevent oxdation.

>>10658966
gold is used for CPU socket pins and also for pcb connectors on dimms and graphics cards and also as you said in anti oxidation plating but that use is relatively small compared to copper being used in every single PCB trace, ever

>>10658982
But in all these cases gold is only used for plating over copper, there are no solid gold CPU socket pins.

So the amount of gold required is nearly insignificant and its industrial value is well below copper. If it weren't for the jewelry and investment bubble inflating its price, it would be cheaper than copper. So yeah, nearly worthless.

>>10659024
interesting that copper is so worthless when it has such a good use case in all electronics. its like $2.50 for a pound of copper wire

>>10659097
Annual copper production is ~ 700x that of silver, ~6000x that of gold.

https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth%27s_crust

>>10658564
>Bitcoin and gold relationship
You are retarded Op

>>10659688
Gotta run out sometime
Buy copper niggers

>>10658794
Conductivity is not as good as silver or copper. Gold is used for plating contacts because it doesn't tarnish like silver, tin, copper and others.

gold is shiny and nice to look at and hold, can you do any of that with your imaginary minecraft bucks? lmao

>>10660034
Butthurted nocoiner spotted

>>10660042
hahahaha unlike you I made mad money in crypto and bought shiny motherfucking GOLD with it hahahahahahahaha

>>10658907
>being this delusional

>>10660058
You sound desperate lol

>>10658879

>>10660081
calling someone a nocoiner in the current market and expecting me to be ashamed? how retarded are you.... probably a hodler lmfao how much did you lose? hahahahahahahaahahah