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re: Gold is a stagnant investment

Posted on 4/7/13 at 12:52 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39607 posts
Posted on 4/7/13 at 12:52 pm to
quote:

and an economic disaster.


The way I see it, in such a scenario gold would be worthless to the average owner because the guy with more guns is just going to take it from you.
Posted by rintintin
Life is Life
Member since Nov 2008
16196 posts
Posted on 4/7/13 at 1:00 pm to
If the guy with more guns is willing to take your gold, what's keeping him from taking everything you own? If your deduction is correct then there would be no point in acquiring anything of presumed value.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 4/7/13 at 2:03 pm to
quote:

he way I see it, in such a scenario gold would be worthless to the average owner because the guy with more guns is just going to take it from you.



There's a pretty wide field between "economic catastrophe" and "end of civilization"
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