What practical use does gold have outside of the electronics and jewelry industry? Tulips in Denmark come to mind when I think about gold. In the past few weeks gold has shot up, and if there is another economic depression I imagine that it will climb even higher.
But in a world where people are trying to survive, what will they do with their gold? At least salt can be used to preserve meat and flavor food. What would anyone want with gold when they’re busy trying to survive? Is gold the ultimate fool’s bubble?
Can anyone say WHY it is “the pure currency” or why it has value?
What I see are people buying gold out of fear, not out of love of the metal.
