It's useless, except in the minds of goldbugs.
If inflation strikes, gold will be the worst performer of all commodities.
Bag holders from 1980 are still sitting at 25% nominal loss and 75% real loss. Even the idiots who bought in 1987 after the crash were down 40% in real terms. Let them suffer, I say!
Gold is shit
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true, same color, can't eat, just a bit harder
-twice10y-
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08/14/2007 postreply
11:16:12
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That's one great interpretation!
-dividend_growth-
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08/14/2007 postreply
11:22:15
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Let shit shine. :)
-山高月小-
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08/14/2007 postreply
11:55:42