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by mmatants
5470 days ago
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Gold's inherent value (industrial uses) is nowhere near the price it trades at. You could say that gold can't fall to zero because of that, but if it still devalues even 10 times, you can bet that people will panic. Bottom-line - nothing is absolutely safe as a savings medium, and gold is not as axiomatically special as many people hold it to be. |
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