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ALL Gold is Fool's Gold in America ...
(media.scored.co)
posted
10 days ago
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SNES_X
on scored.co
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SilverGolfer
on scored.co
10 days ago
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1 child
because they make money on the margin
would you rather them hoard gold like a dragon?
why would grocery stores sell food for cash? are they stupid, you can't eat cash after all
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SNES_X
on scored.co
10 days ago
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If you're comparing gold to food, then it's not worth continuing with this discussion.
The grocery store is telling me that I need to buy chips and soda now so that I can trade them in for 10x their value next week.
The gold (((dealers))) are telling me that my cash will be "worthless" unless I trade it for gold.
So, again, which you refuse to answer: WHY would they want my "worthless" cash for their "precious" gold?
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SilverGolfer
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10 days ago
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the same reason they want your worthless cash for their precious chips and soda
it's a cash flow business that operates on margin
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SNES_X
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10 days ago
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On margin of "worthless" cash? Doesn't sound like a good business.
... unless, of course, the cash wasn't really "worthless."
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SilverGolfer
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10 days ago
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apply this exact same principle to food
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would you rather them hoard gold like a dragon?
why would grocery stores sell food for cash? are they stupid, you can't eat cash after all
The grocery store is telling me that I need to buy chips and soda now so that I can trade them in for 10x their value next week.
The gold (((dealers))) are telling me that my cash will be "worthless" unless I trade it for gold.
So, again, which you refuse to answer: WHY would they want my "worthless" cash for their "precious" gold?
it's a cash flow business that operates on margin
... unless, of course, the cash wasn't really "worthless."