Your problem is you've been brainwashed by the Jew and shitty American commi public schools
And you don't realize that gold is real savings.
GOLD IS SAVINGS. That's what you low IQ niggers don't understand. Actually niggers in Africa starving with no formal education even understand gold is money and savings
Gold is dead. Business process is the king of value. Everything else loses value over time or cost money to keep.
>gold is dead
>8 trillion market cap
Here come the goldbugs the second most delusional kids next to linkies
>GOLD IS SAVINGS
What about gold makes it so? Because gold is not savings on its own, it's a "bigger fool" scheme where it only retains value because people believe that it should retain value. There's nothing about gold that backs this value.
Past performance does not imply that it should, or will, remain so in the future.
Your fucking stupid and you were educated by shit public schools. You think muh college degree makes you special.... when literally everyone and their mom goes to college and actual black people are easily able to graduate from college.
You were never taught how to think.
In your BS economics glass they never even taught you or me that gold is money.
You can go to the Bible and read a passage saying that 2,500 years ago a gold ounce bought you 350 loves of bread..... today if you take that same gold ounce from 2,500 years ago to a coin shop you'd get $1,300 bucks for it in fiat. And that $1,300 still buys you just about 350 loaves of bread at safeway 2,500 years later.
The reason gold has been money for milennia is because it's real savingsz moreover... governments de-monetized gold decades before bitcoin was ever created.... yet it still $1,300 per ounce.
If your braindead nigger ass can't figure that even if the entire world put all their money into bitcoin tomorrow that gold would still be as valuable tomorrow as it was 2,500 years ago then you are a fucking retard who needs to start fucking using your brain
It's a fucking rare earth metal you stupid ass motherfucker. Those Pepe the frogs you see all over Jow Forums aren't real actual fucking frogs. You understand that right?
Jesus Christ. A fucking stock of Amazon is valuable but it doesn't mean its fucking money or savings.
You stupid pajeets don't fucking understand that if you earned a silver dime in 1964 you could buy a gallon of gas. If you held that silver dime until today and take it to a coin shop... you'll get about $2.50 for it.... which still equals a fucking gallon of gas.
You worked for 15 mins in 1964 and got paid a silver dime. And your wealth was preserved for almost 60 years.
How fucking stupid are you people that you can't understand something this fucking simple?
It doesn't retain value because people believe it retains value. It retains value because it's fucking actual real tangible physical wealth and stored economic energy.
If all that's needed is a belief that it has value then why the fuck is the dollar failing and lost 98% of its purchasing power?
while gold has been demonetized and still as valuable today as it was 50 500 and 5000 years ago
You assholes don't even understand that a gold standard means low prices!
You could drive a bus 60 years ago and have multiple children with the wife staying at home.
You guys laugh at 10% stock boomer returns... well when prices were cheap as fuck 10% returns were like 100-% returns in crypto today.
You can't fucking make it today because cost of living is skyrocketing because we aren't on a gold standard anymore. Your fleeing to crypto because the dollar has no backing. And you can't make it otherwise