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Gold has some intrinsic value, you can turn it into fancy jewelry, teeth replacement or cutlery :)
by tiborsaas 4y ago
Gold has some intrinsic value, you can turn it into fancy jewelry, teeth replacement or cutlery :)
- RestlessMind 4y agoAnd yet its market cap, >10T USD, is not at all commensurate to the uses you cited. Governments hold gold in their reserves because they see it as a hard asset.