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

To: Pogeu Mahone who wrote (160817)	8/1/2020 10:50:14 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217845

Nice visual. One amongst many nice features about gold is that, given the 1-3% annual increase in above-ground gold, production in theory ought not have any sustainable effect on transaction price as at any prices higher there would be marginally 'more' gold 'available' for transaction. This state means there is and can never be a 'correct' price to gold, as a useless and plentiful-enough-at-any-higher-pricing item that is burdensome, none except would-be buyers together with could-be sellers should could would give a hoot about gold price. To the fellow / fellowettes on the street, gold can be at $-0- or $1M, making no iota bit of difference to folks, like utility of parachutes to the tree stumps. To the fellow / fellowettes about to be pushed out of a plane, gold is also useless, unless it can be used to smash open a locked cabinet to access a spare parachute. Other nice features about gold include but not limited to it being not taxable, can be easily hidden, conveniently forgotten, or passed along as one might wish. It is also pretty to look at.