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JB
@Tenderloin
With less gold being mined then basically anything with a level of scarcity is being bought up. Traditionally you would hold 5-10% of your wealth in gold but not sure that’s the case anymore. The wealth classes has swelled massively in the last 5 years, outstripping gold production/availability and they’re investing their money in art, watches, classic cars etc over traditional assets. See also crypto.
Aaaanyway I’m off to buy some nfts instead