[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 33 KB, 580x450, 1583799787840.jpg [View same] [iqdb] [saucenao] [google]
17779679 No.17779679 [Reply] [Original]

Reasons why gold was used as money and a store of value in the past:

1) Very hard to fake, easy to tell what is real gold and what isn't

2) Sturdy, yet malleable enough so it's easy to work with (try making coins out of titanium with tools from a thousand years ago, for example). Doesn't dissolve easily or rust away.

3) limited enough amounts. Not like other rocks, which are much more abundant.

UNLESS you believe that gold is some kind of nutrient that leads to psychic alchemy or some shit, it's just a fucking rock that the world decided would make for a good unit of money/value.

THAT'S IT. THERE ARE NO OTHER REASONS. Gold is not inherently worth more than anything else, it was PICKED by mankind for the reasons I listed.

Guess what? None of those reasons matter anymore in the real world. So as much as crypto is retarded, gold is MORE retarded. Crypto is much better suited for the modern age, as many flaws as it does have (COUGH COUGH CHINK COINS LIKE TRON COUGH)

Furthermore, you prepper retards are even more unbelievably retarded. You think gold will have any value in a post-apocalyptic landscape? The only thing that will have value in that scenario will be food, supplies, and bullets. Gold would do nothing but hold you back by being dead weight

We're advancing towards the future, or we're going to end up in a nuclear fallout type apocalyptic nightmare world, we're never going back to ancient greece like times where people use gold coins, you fucking dumbasses.

>> No.17779710

>>17779679
Yawn, tell me when Gold is worth $0
(Spoiler: It never will be)

>> No.17779776

NOTHING is inherently more valuable than anything else so this is an irrelevant criterion

get fucked, i hope ur portfolio got obliterated

>> No.17779800

>>17779710
Nothing is worth $0, except you.

>> No.17779844
File: 66 KB, 675x601, Silver Boomer.jpg [View same] [iqdb] [saucenao] [google]
17779844

That's why I buy silver.

>> No.17779843

>>17779776
>NOTHING is inherently more valuable than anything else

reality would like to have a word with you

>> No.17779938

>>17779679
There are metaphysical properties to gold that are recognized by our most basic levels of conciousness that cannot be explained. For some reason, the human brain knows gold is valuable, similar to an animal instinct. I believe gold has properties to it, undiscovered that will lead the world into a transhuman/android age.

>> No.17780033

>>17779938
You? Again? Can you fuck off? Your advice is retarded, and your commentary is literally always wrong.

There are also metaphysical properties to a cheeseburger recognized by our most basic levels of consciousness... Oh wait, it's because mcdonalds has spent a trillion dollars marketing burgers to us which is still 1/1000000 the amount spent marketing gold to us.

If you gave a child in an indigenous tribe gold, he'd throw it away.

>> No.17780068

>>17779938
Gold is literally in our blood in trace amounts. You can also eat pure gold and be perfectly fine. It's also very conductive and easily formed into very tiny and precise designs

>> No.17780085
File: 191 KB, 1080x730, 1514070686792.jpg [View same] [iqdb] [saucenao] [google]
17780085

>>17779800

>> No.17780087

>>17780033
Of course niggers wouldn't understand basic value. That's why they live in huts made of literal shit.

>> No.17780116

>>17780033
Also, rebbit spacing tranny gtfo go back to where you belong.

>> No.17780186

>>17780033
>If you gave a child in an indigenous tribe gold, he'd throw it away.
Nigger, Egyptians traded across the entire breadth of Africa for some gold.
Even NOW we got fucking gold in just about every single PCB that powers your technology addict life.

>> No.17780188

>>17779679
> another I know better than all of humankind thread
grow up loser

>> No.17780206

>>17780068
Then why don't you eat some so you can be less of a faggot oh wait you're too poor to eat a diet based on vitamin gold.

>>17780087
Gold had/has power because it represents purchasing power, and it only retains it's power because we have a functioning civilization. The creative and intellectual energy behind civilization is what gives gold worth, faggot. Everything is energy and vibrations

>> No.17780228

>>17780186
No shit, gold has uses in gadgets. I'm talking about gold as an asset class as we move into the future.

>> No.17780256

>>17780206
There's something more special about gold that we still don't quite understand yet.

>> No.17780260
File: 156 KB, 800x480, 20200309_063347.jpg [View same] [iqdb] [saucenao] [google]
17780260

Interdimensional ETs farm monoatomic gold to telekinetically mold space time at will. Electronics is bait.

>> No.17780298

>>17780256
I think it haves something to do with technology that enables unlimited/very low cost energy.

>> No.17780341

>>17780256
>>17780298
you're a retarded faggot. You know nothing of the occult, you're a tourist larping as someone who has esoteric wisdom.

You have none. You know nothing.

>> No.17780382

>>17780341
Uh oh, pissed the kike off. I'm on to something.

>> No.17780456

>>17779844
Seriously considering cutting my losses and just buying $2k worth of silver.

I genuinely think it will moon by end of year.

>> No.17780491

>>17780456
Do what you feel.

>> No.17780506

>>17780456
I'd do it.
Now is a good time to buy.

>> No.17780564

>>17779679
true. gold tards like peter schiff are usually either dumb jocks with 90 IQ or alex jones watching trailer park meth heads

>> No.17780566

>>17779679
Kept its value troughout the collapse of Rome. It will keep its value troughout the collapse of Western capitalism and American Imperialism

>> No.17780597

>>17780566
I don't know, the bible says that in the final days, a loaf of bread will get you a pile of gold.

>> No.17780974

>>17779679
Cope harder, gold will have inherent value forever