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/biz/ - Business & Finance

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288563 No.288563 [Reply] [Original]

Why not just invest in gold? Just take all the gold you can and melt it in your oven. Fresh for selling on the market.

>> No.288564

>melt it in your oven

...why?

>> No.288582

>>288564
To make it fresh for selling on the market

>> No.288596
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288596

>> No.289111

I invest in gold because I know this economic system is going to collapse. Besides, I don't want to invest in my slavery.

>> No.289179

>>288563

gold is fiat value commodity, its been so volatile it's a joke now.

anything can happen since humans simply value it based on their whims and fancies...

>> No.289195

>>289179
>not investing in beef jerkies
when shit hits the fan you'll still have food.

>> No.289232

>>289195
>Not researching where beef jerky is kept and stored as well as who owns it, creating a fake contract saying they owe you beef jerky and when the collapse comes demanding a payment they can't verify with a shotgun.

>> No.289510

I'd invest in gold if Isaac Newton was still setting the price.

So, let's say the economic system collapses. What will gold be worth? Approximately nothing. Why? Because you can do jack with it. You can't eat it, and starving people have no need for jewellery. Even assuming there was some industrial base left after the collapse, gold has priced itself out of most of its former industrial applications.

>> No.289544

>>288563
>melt it in your oven
Unless your oven can do 1000+ degrees celcius, good luck melting gold.