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Money and Finances
Reply to "Mutual funds for a recession"
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[quote=Anonymous][quote=Anonymous]Gold.[/quote] Gold is a ponzi scheme. What is it good for? It's a shiny metal that doesn't rust -- yeah that was important 500 years ago when people were enamored with shiny things and used them to create religious icons and coins and stuff, and there weren't many durable shiny things back then. It's 2025 and we have plenty of more valuable things and all this technology ... a piece of shiny metal has no value anymore. It doesn't pay any dividends like Ford Motor Co. or Pepsi. It's just a ponzi scheme where you buy it hoping to sell it to another sucker down the road. I put my faith in blue chip stocks and safe U.S. government bonds. [/quote]
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