• 4 Posts
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Joined 3 years ago
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Cake day: June 20th, 2023

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  • stupidcasey@lemmy.worldtoLemmy Shitpost@lemmy.worldCurrency
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    3 days ago

    That’s a zoom out of 5 years Gold prices don’t move in a straight line. On a day‑to‑day and week‑to‑week basis, there are ups and downs - it zigzags it is absolutely fluctuating but the bigger problem is the sharp incline which suggests it is in a bubble.

    And none of any of that has anything to do with anything I said.




  • stupidcasey@lemmy.worldtoLemmy Shitpost@lemmy.worldCurrency
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    4 days ago

    Why do people assume gold has intrinsic value? I just saw today they were freaking out about how much gold is fluctuating, it is just as imaginary as the dollar.

    Technically the Big Mac does provide some form of intrinsic value in the form of food for the homless. but for the average person it would actually give them more value to take the big mac away so it has sorta a negative value, negative intrinsic value, I think I just invented that.