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Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 12 hours ago

As Gold Hits New Record, Some See Warning Signs of Civilizational Collapse

www.newsweek.com

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As Gold Hits New Record, Some See Warning Signs of Civilizational Collapse

www.newsweek.com

Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 12 hours ago
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Analysts warn that loose monetary policy, global conflicts and declining trust in institutions are driving the surge in gold.
  • Rob Bos@lemmy.ca
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    5 hours ago

    What value? Can’t eat it, makes shitty tools. It’s shiny, but I’m not going to trade ny potatoes for shiny in a survival situation.

    You can starve sitting on a pile of gold.

    For gold to be valuable you still need social stability.

    • icelimit@lemmy.ml
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      3 hours ago

      Bottle caps are where it’s at.

    • thepompe@ttrpg.network
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      5 hours ago

      I don’t think you understand what value means, and that’s okay.

      • prole@lemmy.blahaj.zone
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        8 minutes ago

        Seems like maybe you don’t

      • Rob Bos@lemmy.ca
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        5 hours ago

        Value is what you can get for something. If you can’t trade it for something, with anyone, it has zero value.

        A dollar has value because you can trade it for a potato. In an apocalypse, you cannot trade gold for a potato if nobody wants it.

        Value is a subjective thing.

        • thepompe@ttrpg.network
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          5 hours ago

          And people value gold because it’s rare and inert.

          • Rob Bos@lemmy.ca
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            5 hours ago

            Lots of things are rare. Doesn’t mean I’ll give you my potatoes for em.

            At best gold becomes something desirable once there’s enough security for me to value having pretty things.

            • 0tan0d@lemmy.world
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              5 hours ago

              Instructions heard: Invest in seed potoatos for the spring planting.

            • thepompe@ttrpg.network
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              5 hours ago

              Like I said, you don’t understand value and that’s okay.

              I’m going to ignore you now because you’re annoying me with your below-average intelligence.

              • athatet@lemmy.zip
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                3 hours ago

                Oh I get it. You’re also a coward.

              • midribbon_action@lemmy.blahaj.zone
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                4 hours ago

                That’s such a psychopathic response. It is not acceptable behavior, and you won’t win any arguments that way.

                • thepompe@ttrpg.network
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                  4 hours ago

                  Cool.

                  I don’t have to argue with you people.

                  • prole@lemmy.blahaj.zone
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                    7 minutes ago

                    Cool. Bye.

                  • queermunist she/her@lemmy.ml
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                    4 hours ago

                    Go back to Reddit.

              • gnomesaiyan@lemmy.world
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                4 hours ago

                Projecting much?

                • thepompe@ttrpg.network
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                  4 hours ago

                  I guess you don’t know what projecting means, either.

                  You can join the other ones.

                  • gnomesaiyan@lemmy.world
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                    4 hours ago

                    Oh, so you can’t come up with a decent argument and instead block people? There there, poor baby!

                  • athatet@lemmy.zip
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                    3 hours ago

                    Block me too. I’m just gonna keep making fun of you.

              • innermachine@lemmy.world
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                3 hours ago

                I think people forget that gold is incredibly useful especially as a conductor. It’s not just for making pretty rings, our modern world as we know it would not exist without gold!

                • prole@lemmy.blahaj.zone
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                  6 minutes ago

                  Lots of things are conductors. That gives gold some inherent value, yes, but there are probably dozens of materials that are more useful and thus more valuable.

          • BeeegScaaawyCripple@lemmy.world
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            5 hours ago

            If that were true people would value me

      • dickalan@lemmy.world
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        What uses gold when you’re buying/selling potatoes, nobody will think gold is worth anything if society has collapsed it’s just a useless hunk of metal

        • thepompe@ttrpg.network
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          It’s really sad seeing how collectively-stupid you people are.

          I’m just glad I can see it for myself.

          Lots of easy blocks tonight.

          • prole@lemmy.blahaj.zone
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            5 minutes ago

            Why don’t you explain it then instead of just calling people stupid?

          • athatet@lemmy.zip
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            3 hours ago

            Well now I’m not giving you my potatoes for your gold just out of spite.

          • dickalan@lemmy.world
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            3 hours ago

            At least I can communicate with people without resorting to petty insults

            • kreskin@lemmy.world
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              3 hours ago

              But I like petty insults.

              • towerful@programming.dev
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                3 hours ago

                I’ll trade you your gold for my petty insults

                • dickalan@lemmy.world
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                  3 hours ago

                  I don’t think I can eat gold, no deal

          • skisnow@lemmy.ca
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            5 hours ago

            Lots of easy blocks tonight.

            Good idea

            • thepompe@ttrpg.network
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              Yep! You can join them.

              • valek879@sh.itjust.works
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                4 hours ago

                Don’t forget me dork

      • athatet@lemmy.zip
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        3 hours ago

        lol do you?

        • thepompe@ttrpg.network
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          3 hours ago

          More than the average lemmyer, yeah.

          • athatet@lemmy.zip
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            3 hours ago

            X to doubt meme

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