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re: .
Posted on 9/15/17 at 8:35 am to McLemore
Posted on 9/15/17 at 8:35 am to McLemore
Just spend 15 minutes googling the value of gold. Every phone in the world has gold in it. Everything made to go out into space has gold in it. Gold is very valuable to the medical industry.
When you get into the more exotic technologies coming out in the next 5-10 years it gets even more valuable.
It will be a long time before gold isn't a valuable commodity on this planet.
When you get into the more exotic technologies coming out in the next 5-10 years it gets even more valuable.
It will be a long time before gold isn't a valuable commodity on this planet.
1
Posted on 9/15/17 at 9:31 am to notsince98
I get it, but none of that actually answers my question. i think the recipe that investopedia article lays out makes the most sense. there is some circularity to its value but also a good mix of qualities that made for good currency, then a currency backer, and now a safe-haven (whether real or perceived, or real because perceived).
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