Gold can be split into smaller amounts, right down to the absolute bottom of a single atom... that doesn't equate to "gold is unlimited". There is a finite total amount. Only its value changes.
Gold only has value b/c it is finite (and shiny).
Gold can be split into smaller amounts, right down to the absolute bottom of a single atom... that doesn't equate to "gold is unlimited". There is a finite total amount. Only its value changes.
Gold only has value b/c it is finite (and shiny).
Except we can always mine more gold...
Not always... just like bitcoin... or oil... the cost to recover (or discover) steadily increases. And just like the other two there is an absolute maximum amount of gold on the earth, and so far alchemy hasn't panned out for anyone.
the argument that gold is bad, so silly
Me? I'm certainly not making that argument! I put a healthy amount of my portfolio into precious metals. The in-my-hand flavor, not paper/digital crap.