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by marvin 4576 days ago
If we're going to play the "memes for intellectuals" game, I could just as easily make a similar claim on your comment. This is a content-free comment.

The easiest support for my argument would be looking at the list metals with a similar rarity to gold, and noting that gold is more expensive than all but platinum, despite having an annual production which is >15 times higher.

http://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth%...

Now, please provide a citation for your claim "gold's market value is mostly caused by demand from art and manufacturing processes". I claim that this wrong because 34% of all the world's gold is kept in vaults, and an additional 52% is stored in jewelry (of which a significant amount should be considered an investment by its owners due to the high market value).

http://en.wikipedia.org/wiki/Gold_reserve#World_gold_holding...

1 comments

The fact that you are putting words in my mouth ("gold's market value is mostly caused by demand from art and manufacturing processes") is an indication that you are not debating in good faith. Good day. I shall waste no further time or effort on you.
This was a prety clear implication of your initial comment.