RE: RE: Stock to Flow Nightmare: Uganda Finds More Gold Than Exists in the World
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RE: Stock to Flow Nightmare: Uganda Finds More Gold Than Exists in the World

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4y

hmmm.. the uganda story is apparently fake..
https://www.monitor.co.ug/uganda/oped/commentary/our-much-acclaimed-huge-gold-discovery-is-mere-fool-s-gold-3849986

I have to disagree with you quite a bit. Personally you have FUD on gold which is apparently a fake story. Second of all gold has been re-hypothecated 100 x over by banks which of course dilutes the known supply by magnitudes. Fundamentally that's BULLISH. The BRICS countries love gold.

Second you ask who will take gold? Well first of all it's a lot more liquid and convertible than HIVE. For fucks sake dude every Jeweler will convert gold or silver for CASH. There's barely a comparison even with BTC. I can see a jeweler or bullion dealer but not too many crypto for CASH places. Hive is even more niche and a bigger joke in comparison.

I'm chiming in because I like gold a lot and in these depressed times I would rather own it than BTC atm. I own both but BTC is a joke in comparison only because it hasn't even found it's floor.

@bearbear613: hmmm.. the uganda | Ecency