this post was submitted on 28 Jan 2024

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Gold for house (lemmy.ca)

submitted 9 months ago by n7gifmdn@lemmy.ca to c/memes@lemmy.ml

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wood for sheep?

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[–] CucumberFetish@lemm.ee 4 points 9 months ago

Gold's value isn't tied to its usefulness. Based on statista, less than 7% of global gold use is for "technology". The rest of it goes to jewellery, investments and banks.