Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 1 day ago

As Gold Hits New Record, Some See Warning Signs of Civilizational Collapse

www.newsweek.com

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As Gold Hits New Record, Some See Warning Signs of Civilizational Collapse

www.newsweek.com

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 1 day ago

Analysts warn that loose monetary policy, global conflicts and declining trust in institutions are driving the surge in gold.

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gandalf_der_12te@discuss.tchncs.de
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12 hours ago

Gold has utility

not really. IMHO gold is about as useful as aluminum or any other metal, i.e. $10/kg would be justified, but not $70k/kg, which it currently is.

like, $10/kg is real usefulness, the remaining $69990/kg are people’s irrational belief that gold is valuable somehow.

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