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k98killer
The Plain Bagel
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Comments by "k98killer" (@k98killer) on "Investment Analyst Reacts to Finance TikToks - Part 7" video.
Really, the plan can be much simpler. Step 1: inherit a large sum of money. Done. Easy. Why nobody is talking about this simple strategy is beyond comprehension.
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Gold has won the monetary metal competition. The last economy to demonetize silver was China, and they got rekt by the gold standard economies. Somewhat paradoxically, the more utility a commodity has, the less monetary demand it will receive, and this is probably because utility demand depletes the stock of supply if the flow cannot keep up. Having steady stock and flow is quite important for a monetary asset; high levels of inflation or deflation within a credit/fiat system are well known violations of that requisite stability and the main reason that gold maintains a high monetary premium over its utility demand. It is not a simple matter of scarcity automatically entailing price appreciation.
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