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

348

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
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11 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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