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Friday, June 24, 2022 10:38:29 AM
From WEF on gold while gold prices being suppressed…….
Gold as Money
“Gold does not dissipate into the atmosphere, it does not burst into flames, and it does not poison or irradiate the holder. It is rare enough to make it difficult to overproduce and malleable to mint into coins, bars, and bricks. Civilizations have consistently used gold as a material of value.
Perhaps modern societies would be well-served by looking at the properties of gold, to see why it has served as money for millennia, especially when someone’s wealth could disappear in a click.”
https://www.weforum.org/agenda/2019/07/why-gold-is-money-a-periodic-perspective/
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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