Quote:
Originally Posted by dewilson58
Gold prices have no support behind them.
No earning, No assets, No earning capacity, No liquidation value.
Kinda smells like Bitcoin.
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although financially true, if I can make money with it as an orthogonal diversifier, I will use it. The demand / usage is mostly jewelry and industrial, but as jewelry, it represents physical money, and can be exchanged for money very easily.
Correlation is not causation, but one can make money with correlation without there being direct causation. .