Undeniable LOGIC, Inflationary Depression inevitable
Uploader Comments (visionvictory)
Top Comments
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It's funny how they always tell us that recovery is around the corner and no matter how often they are wrong, people still eat it up.
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Yay economic recovery in 2120!
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All Comments (463)
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You're good. Real good.
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Do a google search on the uses of any random metal like europium, hafnium or neodymium and you'll probably be surprised.
Picking any of the 92 first elements in the periodic table at random, it is likely to have more industrial utility than gold.
If industrial uses of gold determined its price, it wouldn't be worth a tenth of what it is worth now; its price comes from its use as an investment or form of money.
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"But whats so valuable about gold?"
The gold-bug argument is that it is valuable because central banks cannot create it unless they want to work part-time in the gold mines.
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I'm not kidding either, don't.
Division of labour is what drives the productivity of the economy.
Wind and solar energy are useless paleotechnologies that need to be backed in full by natural gas.
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One can say a lot when an economy is based off of .fear
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I'm not kidding, grow your own food, as much as possbble.
Study how to get electrity from the Sun's Heat and light, get energy from vertical wind turbines.
Build greenhouses to grow as many vegetables and fruit trees as needed.
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Well it's mostly used for jewelry but it's also used in electronics and in computers. It's also used for fillings and even to treat cancer. The biggest reason it is so valuable is because it is scarce. It's used to make glass and it's used to plate things. Do a google search on the uses of gold. You'll probably be surprised.
well things seemed to have turn around.. why?
nothing has changed yet the dollar has imporved it's position against the euro..
Silver/Gold/Oil are way down..
demand for oil has dropped...
I believe that all this "good" is happening because of the upcoming elections.. the economy is being proped up. held in place to make us think all is well...
when we all know it isn't..
if you can find silver/gold buy it.. it's at a great price right now
cds10690 3 years ago
whats really funny, is that eveythings but the dollar is going down. Now you know there is something really off when that happens.
visionvictory 3 years ago