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Gold is not only a store of value. It has industrial use and also as decoration. As you point out gold isn't a perfect store of value either as it has liquidit
by lawn 9y ago
Gold is not only a store of value. It has industrial use and also as decoration.
As you point out gold isn't a perfect store of value either as it has liquidity problems.
- 0bsidian 9y agoI don't want to sound condescending, and if I do I apologise, but anyone who has any familiarity with financial markets knows that the industrial applications of gold account for a negligible percentage of its price.