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A comment on Netflix's Junk Bonds Explain How We Are in a Corporate Debt Bubble. Parent comment

Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by tempsy on Tuesday February 04, 2020 @02:12AM (#22233171)
Gold
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Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by aedron on Tuesday February 04, 2020 @05:57AM (#22234249)
Wow, downvotes. The hate for gold is strong, never really understood why.

The fact is that gold is one of the few asset classes that are safe.

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Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by ac29 on Tuesday February 04, 2020 @12:36PM (#22238411)
Gold has the volatility of the stock market, with lower returns than bonds: https://www.portfoliovisualizer.com/backtest-asset-class-all...
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Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by AstralStorm on Tuesday February 04, 2020 @07:16AM (#22234689)
I wouldn't be so sure, it is only worth much because we believe so. (Likewise platinum.) They will bubble and crash.

As opposed to say steel and copper which are tied to industrial supply and demand.

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Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by tempsy on Tuesday February 04, 2020 @11:02AM (#22237086)
Money is shared fiction too. The difference is we can print an infinite supply of it but only have a finite supply of gold in the world.
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