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The prices of things vary due to speculation as well as demand and supply. Gold is an industrial metal which has to be mined, thus making supply uncertain and exposed to the whims of miners. Central bank issued currencies are managed by varying the supply according to economic conditions, which has given economies much better stability as a result.

There's nothing special about gold except that some people think that it's a panacea. It's not, it's still an industrial metal. "Fiat currencies which are collapsing in value" has no basis in fact. It's just mindless ideology at best and no better than a conspiracy theory.





Fiat currencies are collapsing in value. It's a fact. Price fiat in any hard asset like gold, real estate, bitcoin etc and it's obvious to see. The devaluation can be seen to be almost directly linked to the increase in the supply which approximately doubles each decade (no coincidence that real estate prices do the same).

There is something very special about gold. It has the best monetary qualities of any physical substance. It is only bettered by bitcoin which essentially dematerialises gold - stripping away it's physical attributes that hinder it (portability, scarcity, verifiability, divisibility etc).


> Fiat currencies are collapsing in value.

Where's your evidence?

I can answer that question: you don't have any. Your vague anecdotes don't count as such. You need hard figures and there aren't any showing any such thing.


I explained the evidence very clearly in my last answer. You're clearly not acting in good faith. You try and help people on here and this is what you get every time. GFY.

You should get some help yourself. And "GFY"? Very classy. Clearly demonstrates good faith on your part. Really shows the strength of your argument and your ability to deliver that argument. Only the most intelligent and educated people tell people to "GFY", obviously.

But back to your "argument". Google "anecdotal" and "non sequitur". But to save you time, here's a summary: you're not providing evidence, but instead a story that you created that attempts to support your augment. Then you deliver a series of non sequiturs, where your claims don't support your conclusion.

So again, please provide evidence instead of nonsensical and unsupported claims, then we can have an actual "good faith" discussion that I'm sure will be very helpful to everyone.




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