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In response to "I imagine a lot of banks own metal. speculating on future price movement, hedging against something. lots of reasons, really. -- nm" by mafic

how much value is a truck full of gold going to provide when the ice sheets melt? -- (edited)

i get the real-world value of something like lithium or uranium these days but gold, silver, platinum seem pretty useless as metals to build an actual currency around

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