@[email protected] to [email protected]English • 8 months agoGold for houselemmy.caimagemessage-square92fedilinkarrow-up1374arrow-down1124file-text
arrow-up1250arrow-down1imageGold for houselemmy.ca@[email protected] to [email protected]English • 8 months agomessage-square92fedilinkfile-text
minus-squareYewblinkfedilink-5•8 months agoGold has no intrinsic value to me I wonder if as the boomers start to die off if it will start losing some form of value
minus-square@[email protected]linkfedilink11•8 months agoWell, it has value to people who make electronics, and that industry is still growing. So, not likely.
minus-square@Num10cklinkEnglish5•8 months agoespecially military specification electronics and extreme temperature range performance applications.
minus-squareJessicalinkfedilinkEnglish6•edit-28 months agoUnlikely. Part of why gold is so valuable is its inertness. It doesn’t corrode or rust, which makes it great for electronics.
minus-square@[email protected]linkfedilinkEnglish2•8 months agoIt has some intrinsic value because it’s a metal with a variety of applications. It just doesn’t have nearly enough intrinsic value to justify its price.
minus-squareTimeSquirrellinkfedilink2•8 months agoWe’re gonna need a ton of it for all the space shit we’re starting to do again.
minus-square@MindSkipperBro12link1•edit-28 months ago“They shall press down upon this brow of labor a crown of thorns! They shall not crucify mankind upon a cross of gold!”
Gold has no intrinsic value to me I wonder if as the boomers start to die off if it will start losing some form of value
Well, it has value to people who make electronics, and that industry is still growing. So, not likely.
especially military specification electronics and extreme temperature range performance applications.
Unlikely. Part of why gold is so valuable is its inertness. It doesn’t corrode or rust, which makes it great for electronics.
It has some intrinsic value because it’s a metal with a variety of applications. It just doesn’t have nearly enough intrinsic value to justify its price.
We’re gonna need a ton of it for all the space shit we’re starting to do again.
Multiple tons.
“They shall press down upon this brow of labor a crown of thorns! They shall not crucify mankind upon a cross of gold!”