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by ldbooth 1939 days ago
You are conflating a commodity with a cash producing asset like a farm. Show me the cash flows from your gold nugget and I'll show you the cash flows from a farm that produces a usable product in the market.
2 comments

A farm is an income generating asset. Farmland is a commodity that does nothing on its own.

An electronics manufacturer that uses gold is an income generating asset. Gold is a commodity that does nothing on its own.

Gold contacts on my money producing cloud servers are just as cash producing as tractors on your farm.
Your cloud servers:the inputs are irrelevant, the cash flow is from the business services provided.