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A comment on Please remove mitsuhiko/*. Parent comment
Gold, at a minimum, is backed by the infinite, perpetual demand by people for luxury goods. It's also backed to a lesser extent by industrial uses.
Such demand guarantees some level of value for gold.
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Gold, at a minimum, is backed by the infinite, perpetual demand by people for luxury goods. It's also backed to a lesser extent by industrial uses.
Such demand guarantees some level of value for gold.