Gold has nil future.It has only an assigned value,a value that is irrationally subjective to speculation and gambling.It has no inherent value.It has no scientific,industrial or household value of regular,constant use like an ordinary consumer durable.It cannot be easily stored,easily transportable or easily exchangeable.It consumes huge space to store,very difficul to protect and involves huge expenses to do so.It is absolutely aDull metal. It being so scares it is not economically or otherwise has the extent,flexibility and reach to cover the infinitely larger modern economies of the countries or the world before which it is a negligible pigmy.It was the common currency of dark ages and primitive times.Any currency tends to be and should always represent easily the economic,fundamental strength of a country which is the real wealth.Such wealth depends on manufacturing,industry,infrastructure,small and medium businesses,services like education,health,computer services and all other services,agriculture,human development,research and scientific capabilities,so on,but not on silly,downright irrational and illogicities and stupidities and inanities like gold,which needs to be dumped into the seas altogether.
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Dollar Better Than Gold? Ask Venezuela
Gold has nil future.It has only an assigned value,a value that is irrationally subjective to speculation and gambling.It has no inherent value.It has no scientific,industrial or household value of regular,constant use like an ordinary consumer durable.It cannot be easily stored,easily transportable or easily exchangeable.It consumes huge space to store,very difficul to protect and involves huge expenses to do so.It is absolutely aDull metal. It being so scares it is not economically or otherwise has the extent,flexibility and reach to cover the infinitely larger modern economies of the countries or the world before which it is a negligible pigmy.It was the common currency of dark ages and primitive times.Any currency tends to be and should always represent easily the economic,fundamental strength of a country which is the real wealth.Such wealth depends on manufacturing,industry,infrastructure,small and medium businesses,services like education,health,computer services and all other services,agriculture,human development,research and scientific capabilities,so on,but not on silly,downright irrational and illogicities and stupidities and inanities like gold,which needs to be dumped into the seas altogether.