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by seanmcdirmid
3128 days ago
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There is no such implication. Yes, if golf were cheaper, it would be used more often in electronics, and because not much of it is essential, users of gold for productive purposes can get by with higher prices. However, gold’s price is driven 100% by its use as a speculative fiat store of value, not for its utility or even for its ornamental use. |
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