New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
0
ALL Gold is Fool's Gold in America ... (media.scored.co)
posted 10 days ago by SNES_X on scored.co (+0 / -0 )
26 comments
Permalink
Mirrored from scored.co
You are viewing a single comment's thread. View all
-2
SNES_X on scored.co
10 days ago -2 points (+0 / -0 / -2Score on mirror ) 1 child
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?

Permalink Reply
Mirrored from scored.co
0
SilverGolfer on scored.co
10 days ago 0 points (+0 / -0 ) 1 child
the same reason they want your worthless cash for their precious chips and soda

it's a cash flow business that operates on margin

Permalink Reply
Mirrored from scored.co
-1
SNES_X on scored.co
10 days ago -1 points (+0 / -0 / -1Score on mirror ) 1 child
On margin of "worthless" cash? Doesn't sound like a good business.

... unless, of course, the cash wasn't really "worthless."
Permalink Reply
Mirrored from scored.co
0
SilverGolfer on scored.co
10 days ago 0 points (+0 / -0 )
apply this exact same principle to food

Permalink Reply
Mirrored from scored.co
Toast message