4 ms·

Have you ever heard of gold? Are people buying gold "greater fools"? If so, why?

• lawn 9y ago
  Gold was previously used as and in currencies. It also served as scarcity control for paper money (until abolished). To a lesser extent gold can act as money even today. Nowadays it is also used in industrial purposes and as decoration. Gold certainly isn't only a store of value.
  • deleted 9y ago
    [deleted]