Quote:
Originally Posted by AndyJWest
[...]I was just reading about the theory that extracting oil from the ground reduces lubrication for the tectonic plates, and if continued unchecked will lead to civilisation-destroying earthquakes. [...]  |
Don't give Trump ideas
@Skybird we certainly know what you mean. Plutonium in purest form is even more worth, but also difficult to handle. Gold is the quasi-standard, of course. But when aliens from a planet of pure gold landed here, the price would fall. If more gold is being excavated and cast, the price will also fall.
It is with gold, as it is with diamonds. DeBeers owns all resource sites, and punishes everyone who interferes. It is an artificial rareness, because there are so much diamonds in the world, all women of the world would break down trying to wear them. There is also more than enough gold.
If there was a real worldwide crisis, affecting all (really all), you can then try to eat your gold, or try to sell it. Good luck.
I just can advise you, if you want to buy gold, buy it in bullion form. No necklaces, no Krugerrand. Gold is not worth that much, unless it is cast bullion form, with the exact weight and the casting institution stamped on it.
Don't try to resell gold in other form, or a diamond. Even worse than buying a new car, considering the loss of value within the first year.