5 ms·
maybe i just don't know what i'm talking about, but i feel there is a disconnect, but its not clean - its because of the intrinsic value that it is such a 'trad
by jheriko 13y ago
maybe i just don't know what i'm talking about, but i feel there is a disconnect, but its not clean - its because of the intrinsic value that it is such a 'tradeable' thing.
the prices of many things are driven by supply and demand, and i'm not going to disagree with that, but the article gives far too much weight to that side of it imo and poisons me against it with sloppy wording.
without the intrinsic value there would be no demand...
its not like, e.g. bank notes, EPNS or copper coins, whose value is almost entirely due to trading and very nearly completely disconnected from their intrinsic value. even then they inherit some of their value from their durability and utility in that arena...
tbh, i've only ever bought gold for cosmetic reasons... i know very well that gold contacts and radiators are generally a sales gimmick rather than beneficial.