Gold has no real uses???? are u idiots lmao. GOLD HAS SO MANY USES FROM AEROSPACE ENGENIERING TO CURING CANCERS. VIDEO MAKERS ARE PLAIN STUPID OR THEY HAVE BAD INTENTION. JUST WIKI GOLD USES.
@qpae123 No, not really. Economically, silver can do everything gold can, just as well, and for about 5% of the cost. Of course gold can conduct electricity, but so can a ton of other metals. The uses of gold, at it's price, make gold a worthless commoditiy to own, unless of course you seek to make money off of a fear trade (great in the current climate) or if you seek to make money off of the vanity trade (always in demand, but not as good of returns as the fear trade).
@qpae123 Furthermore, all kinds of things are being invented to serve as non-corrosive conductors. So what that means, is while technology increases efficiency and decreases cost, gold remeains constant and unchanging. Tech is killing gold's value every day. You go ahead and invest in a rare and near worthless metal. Might as well start a stamp collection too. Also, industry does have some uses for gold, but you as an individual have next to no use for it. Be careful wasting your money on it
@qpae123 You obviously failed to understand my point. That is a vanity trade. A stamp really doesn't have a useful value in the tens of millions of dollars, but it can be worth that much to another person, purely for aesthetic reasons. Gold will increasingly become more worthless as time goes on, regardless of what the manipulated futures markets and the fear trade are telling you now. There's about as much chance of gold becoming a currency again as there is rare stamps becoming one. Get it?
@bweazel I dont have any money btw :)) I hate money ..are bad for my freedom:)) I not that naive to be enslaved with those thingie, besides if u dont spend all ur money = ur bigest looser :P
@qpae123 So, you don't have money? Well then what do you consider money? Gold and silver? Why? What do you do for work? How do they pay you? How do you buy products from other people? How do you pay your rent?
Did you mean if you do spend all your money, you're a loser?
Minor criticism: I had hoped the black guy would have responded to the white guy's claim that "if I had invested in stocks in 1980, then by 2001 the value would have tripled" (or whatever). I wanted to hear a serious rebuttal to that argument.
You can melt gold and blow it into a bubble. That bubble will then be attached to a chain and then a very rich person will buy it from you for a lot more than it is worth as simply bullion. Golden bubbles have been worn by rich people for thousands of years. Dollars will soon be used to wipe the asses of rich people who will shit into a golden bowl. Then the poor will have to clean the golden bowl with their hands. Golden bubbles will be around long after pieces of paper have ceased to be.
@thiscreepingmalaise 25% is worth the risk to you? Haha, ok, if that's ok with you with, that's your deal, bro. No, I do not feel stupid at all. Most commodities are in a bubble. As soon as rates go up, you will see. I thought they would be done leeching money from the system already, but hey, why stop when there are still suckers out there like you putting your hard earned paper into owning physical commodities. Haha. *pat pat pat* It's still very much in a bubble. Just wait.
@bweazel does pat pat pat mean you are touching my cock like your mom does? BTW, I will not read any more comment from you so I am the winner. I guess my prize is another bj from your mumsie!! Another thing, if you knew shit, you would know that a 25% return on a 1 yr investment is a good deal. Idiots like you have been crying bubble since gold was 250 and ounce.
@thiscreepingmalaise No, it's patting you on the head like the little uneducated child you obviously are. 25% for one investment, is not that great, especially when you account for risk. The price still has the possibility of dropping 50%, the risk is still very much there. I started saying it was a bubble around 1,250. The only thing sustaining the price is fear. There are so many things weighing against the price of gold right now. If central banks decide to take their profits, buh bye. ;)
Criminal Central Banks around the world and the criminal Bank of International Settlement must be pretty stupid to be accumulating that retarded yellow metal at an alarming rate.
I wonder, when it Gold finally hits zero, how much will be available?
Gold has no real uses???? are u idiots lmao. GOLD HAS SO MANY USES FROM AEROSPACE ENGENIERING TO CURING CANCERS. VIDEO MAKERS ARE PLAIN STUPID OR THEY HAVE BAD INTENTION. JUST WIKI GOLD USES.
qpae123 1 year ago
@qpae123 No, not really. Economically, silver can do everything gold can, just as well, and for about 5% of the cost. Of course gold can conduct electricity, but so can a ton of other metals. The uses of gold, at it's price, make gold a worthless commoditiy to own, unless of course you seek to make money off of a fear trade (great in the current climate) or if you seek to make money off of the vanity trade (always in demand, but not as good of returns as the fear trade).
bweazel 7 months ago
@qpae123 Furthermore, all kinds of things are being invented to serve as non-corrosive conductors. So what that means, is while technology increases efficiency and decreases cost, gold remeains constant and unchanging. Tech is killing gold's value every day. You go ahead and invest in a rare and near worthless metal. Might as well start a stamp collection too. Also, industry does have some uses for gold, but you as an individual have next to no use for it. Be careful wasting your money on it
bweazel 7 months ago
@bweazel U know there are stamps lmao with value of tens of millions $ ?:))
qpae123 7 months ago
@qpae123 You obviously failed to understand my point. That is a vanity trade. A stamp really doesn't have a useful value in the tens of millions of dollars, but it can be worth that much to another person, purely for aesthetic reasons. Gold will increasingly become more worthless as time goes on, regardless of what the manipulated futures markets and the fear trade are telling you now. There's about as much chance of gold becoming a currency again as there is rare stamps becoming one. Get it?
bweazel 7 months ago
@bweazel I dont have any money btw :)) I hate money ..are bad for my freedom:)) I not that naive to be enslaved with those thingie, besides if u dont spend all ur money = ur bigest looser :P
qpae123 7 months ago
@qpae123 So, you don't have money? Well then what do you consider money? Gold and silver? Why? What do you do for work? How do they pay you? How do you buy products from other people? How do you pay your rent?
Did you mean if you do spend all your money, you're a loser?
bweazel 7 months ago
@bweazel I believe in Karma , whenever I do a good thing my karma grows ..and I dont need anything else.
^^ All rest are just a fantasy dream:)
qpae123 7 months ago
@qpae123 Answer my question please. What do you use to buy food and pay rent? Euros?
bweazel 7 months ago
@bweazel well u said ''please'' so I have to aswer, funny how it works :)) I dont buy food and I dont pay rent :)
qpae123 7 months ago
@qpae123 Haha. You farm and live with family or something? Haha, ok, fair enough. How did you buy the computer? ;)
bweazel 7 months ago
@bweazel U forget to say ''please '' officer XD
qpae123 7 months ago
@qpae123 *middle finger* ;)
bweazel 7 months ago
@bweazel Ur karma is now -2 :)
qpae123 7 months ago
@qpae123 Bullshit, I'll take informal jokes over formal asskissing any day of the week. +4. Hah
bweazel 7 months ago
Minor criticism: I had hoped the black guy would have responded to the white guy's claim that "if I had invested in stocks in 1980, then by 2001 the value would have tripled" (or whatever). I wanted to hear a serious rebuttal to that argument.
mphello 1 year ago
You can melt gold and blow it into a bubble. That bubble will then be attached to a chain and then a very rich person will buy it from you for a lot more than it is worth as simply bullion. Golden bubbles have been worn by rich people for thousands of years. Dollars will soon be used to wipe the asses of rich people who will shit into a golden bowl. Then the poor will have to clean the golden bowl with their hands. Golden bubbles will be around long after pieces of paper have ceased to be.
angstotheclown 1 year ago
Haha, lame vid. Gold is very much in a bubble and the price will find equilibrium very soon.
bweazel 1 year ago
@bweazel yeah how stupid do you sound now? 1600 gold. it's gone up 25% since you posted this, yeah, I know, not it is in a bubble. lololol
thiscreepingmalaise 7 months ago
@thiscreepingmalaise 25% is worth the risk to you? Haha, ok, if that's ok with you with, that's your deal, bro. No, I do not feel stupid at all. Most commodities are in a bubble. As soon as rates go up, you will see. I thought they would be done leeching money from the system already, but hey, why stop when there are still suckers out there like you putting your hard earned paper into owning physical commodities. Haha. *pat pat pat* It's still very much in a bubble. Just wait.
bweazel 7 months ago
@bweazel does pat pat pat mean you are touching my cock like your mom does? BTW, I will not read any more comment from you so I am the winner. I guess my prize is another bj from your mumsie!! Another thing, if you knew shit, you would know that a 25% return on a 1 yr investment is a good deal. Idiots like you have been crying bubble since gold was 250 and ounce.
thiscreepingmalaise 7 months ago
@thiscreepingmalaise No, it's patting you on the head like the little uneducated child you obviously are. 25% for one investment, is not that great, especially when you account for risk. The price still has the possibility of dropping 50%, the risk is still very much there. I started saying it was a bubble around 1,250. The only thing sustaining the price is fear. There are so many things weighing against the price of gold right now. If central banks decide to take their profits, buh bye. ;)
bweazel 7 months ago
This has been flagged as spam show
@bweazel yeah how stupid do you sound now? 1600 gold. it's gone up 25% since you posted this, yeah, I know, now it is in a bubble. lololol
thiscreepingmalaise 7 months ago
gold is in a bubble
bigdjangoboss 1 year ago
@bigdjangoboss - STUPID! up 25% since you posted your idiotic bubble theory. 1600 oz. Are your paper assets up that much in the last year?
thiscreepingmalaise 7 months ago
@thiscreepingmalaise
you know, that was a joke
i like peter schiff
bigdjangoboss 2 months ago
"It's simply a yellow metal", oh you tv babys!
Ganbareg 1 year ago
@Ganbareg here it is a year since you posted this and it is up 25% to 1,600 a yellow metal oz. MORON
thiscreepingmalaise 7 months ago
Both sound like mindless robots who have been brain washed by their investment advisers who, of course, want to sell them something.
jamieA1A 1 year ago
This is hilarious. Thanks TT.
stealinator 1 year ago
Criminal Central Banks around the world and the criminal Bank of International Settlement must be pretty stupid to be accumulating that retarded yellow metal at an alarming rate.
I wonder, when it Gold finally hits zero, how much will be available?
doobsta 1 year ago