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It has been for over 6000 years. And it could be useful in far less catastrophic situations. Some economists such as Willem Buiter like to claim gold is in a "
by randomname2 11y ago
It has been for over 6000 years. And it could be useful in far less catastrophic situations.
Some economists such as Willem Buiter like to claim gold is in a "6000-year bubble", but others figures like Kyle Bass counter:
"Buying gold is just buying a put against the idiocy of the political cycle. It's that simple"
- seoguru 11y agoKyle Bass rant: https://www.youtube.com/watch?v=QWmOmt1zJ7Y https://www.youtube.com/watch?v=QWmOmt1zJ7Y "5 Reasons Why Kyle Bass is Wrong About Japan"