Comments by "Frostie-Flake" (@PlanetFrosty) on "Another Bank Just Failed, How Many More Will Come?!" video.

Industrial use of gold drives its value and new materials science emerging likely this year could reduce its value in many areas 1/3-1/2. Gold could go down sharply.
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@NavyNews2day I’m glad you’ll have a golden mic to trade for dog food! It’s a shinny yellow rock. Industrial use is its fundamental value. All assets boil down to usefulness not keeping it in a vault. Perception of gold’s value is a very fragile thing.
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@callmebill Humm, and in 18 months to 2 years as materials science replaces gold in industrial applications what will it be worth? Maybe a little less or a little longer, but this is not a new phenomenon in nature of the value of materials because it’s a material world.
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