Is gold undervalued or overvalued?
#gold
Discussion
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Some would say undervalued because of "paper gold" but maybe it's valued exactly the price society deserves, since paper versions of assets always lead to negative incentives?
I could see Bitcoin stealing a lot of demand from gold as it may be a superior store of value. But I think gold will continue to be an insurance policy and maintain a monetary role. It will always be around and have good monetary properties. It will be interesting to see how it will be valued as a consumer good moving forward. Iβm not sure the next generations will value gold in the same way as previous ones.
Well, are paper #money overprinted or underprinted? The 'print money go brrr' narrative certainly makes you wonder about the delicate balance between precious metals and the ever-increasing supply of #fiat #currency.
#gold #bitcoin #inflation
There a shortage of money globally- since 2008. We need to βprintβ waaaaaaaaaay more dollars to get things booming again