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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: dalroi who wrote (93680)	8/19/2012 6:51:43 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 217705

Same logic can apply to any rare metals in industrial use, if properly certified for its purity similar to gold. The only advantage of gold is the fact that as a barbarian relic it is widely popular and traded on exchanges and perceived as an inflation indicator when in fact there are more than a dozen metals that withstand oxidation or time degradation and their actual costs are much higher than gold resulting in smaller storage costs and less attractive to thieves and swindlers. This is also exactly why many also chose to diversify into items of art as an investment, and not because they are being connoisseurs or aficionados of art or artistic expression. As to confiscation or taxation gold is the easiest target to confiscate and issue IOU in paper money and much more acceptable to the electorate/masses than let say then that of agricultural land.