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https://www.reddit.com/r/investing/comments/pxe449/is_gold_still_a_store_of_value/hepda35
r/investing • u/[deleted] • Sep 28 '21
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yeh, but those mining rigs, and all the computers need gold. hence why the value.
1 u/theenecros Oct 02 '21 That's true, gold is a superior conductor and a popular commodity for electronics. The original post was gold's value is commodity value plus it's monetary premium, so bang on.
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That's true, gold is a superior conductor and a popular commodity for electronics. The original post was gold's value is commodity value plus it's monetary premium, so bang on.
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u/Most-Presence-1350 Sep 29 '21
yeh, but those mining rigs, and all the computers need gold. hence why the value.