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by gotorazor
1136 days ago
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There is very little use for gold in electronics. In jewellry, yes. But that's only because people in developing world see their jewellry as a form of savings. Those are the same contries where the people don't buy jewellry lower than 18k. Nobody in North America or Europe knows how to get the fair value of gold in the crappy 14k necklaces. USD is useful because it is a meaning unit of exchange. |
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