Name one thing in the universe which is better than gold? Tip: You can't.
Nothing is better than gold.
A ham sandwich is better than nothing.
Therefore a ham sandwich is better than gold.
A new book about humanity's obsession with gold
11–20 of 84 posts
Re: A new book about humanity's obsession with gold
#12Why is everything "wild" and "cooked" and "dead" these days? It seems that every title or text I see has those words. I guess it's the Claudeification of everything.
Re: A new book about humanity's obsession with gold
#13[flagged]
Paper/plastic currency (cash) has 0 FCF, 0 earnings, 0 dividends. The whole thesis is you trade it at a deprecated rate later.
You can trade gold and cash with people a lot more easily than an equity in your brokerage account.
Re: A new book about humanity's obsession with gold
#14Name one thing in the universe which is better than gold? Tip: You can't.
Uranium? Tricky to fuel a nuclear reactor with gold.
Hydrocarbons? Everything from making life to providing energy.
Silicon? Making silicon chips.
Oxygen? I like breathing.
Re: A new book about humanity's obsession with gold
#15Why is everything "wild" and "cooked" and "dead" these days? It seems that every title or text I see has those words. I guess it's the Claudeification of everything.
It's just Gen-Z speak, nothing to do with Claude (other than being a vessel for said speak)
Re: A new book about humanity's obsession with gold
#16[flagged]
You don’t get any of the FCF or earnings for owning equity, if a stock doesn’t pay dividends it’s the same thesis that someone will pay more for it later
Re: A new book about humanity's obsession with gold
#17Name one thing in the universe which is better than gold? Tip: You can't.
You’re lost in the desert, with no food or water but only a lump of gold. Everything is fine because nothing in the universe is better than gold.
Re: A new book about humanity's obsession with gold
#18Name one thing in the universe which is better than gold? Tip: You can't.
How much better to get wisdom than gold,
to get insight rather than silver!
-- Proverbs 16:16
Re: A new book about humanity's obsession with gold
#19[flagged]
You have a point. And yet, today, you can buy even more bread and clothes and materials with an ounce of gold than you could 2000 years ago. Meanwhile, what happened to all of the businesses and currencies over the last few millennia? Where will the FCF of any random company be in 50 years? Will gold still be valuable then?
The staying power of gold is a value in itself.
Re: A new book about humanity's obsession with gold
#20Name one thing in the universe which is better than gold? Tip: You can't.
Per gram you can sell printer ink for more.