Gold does have utility.Originally Posted by mickeycrimm
Most gold is made into jewelry. So everyone tell their wives that they are wearing a non-productive asset. Productive or non-productive a lot of people are infatuated with and buy jewelry. But it's not the only use for gold. There's gold filling in teeth. Gold is also used in computers/electronics, medical equipment, mobile phones.
Central banks are buying gold at the fastest pace in 55 years.
People chase interest rate returns during times like this so non interest bearing stuff like BTC & Gold face those headwinds. But we have a position now and we had zero 5 years ago.
The petrodollar’s role in the world is fading. Countries are tooling up. Thx Binden
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