The Bear House
Gold and all metals will love "value" over time as technology makes all manufacturing more efficient, with Nanotechnology being one of the prime drivers reducing the need for new mined material. One example of this is Nanotechnology batteries reducing the need for Platinum by 75%.
Gold will only be industrial in the future as the world enters into a system of global scientific governance and national currencies are eliminated from the equation along with the ancient and primitive concept of "the nation" and government. Space travel will produce demand for Golds properties, but not as "money"
A new and fairer society will emerge, a society dominated by those of greater intellect and ingenuity.
The thread is only being started upon request of the permabull "Goldbugs" that cant accept they got it wrong and continue to throw good money after bad and push out those that offer different views. All those wishing to break ranks may post here so not to upset the clan and allow them their money losing ideas.
Gold is a relic of primitive human history.
