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0 sats \ 0 replies \ @88b0c423eb 5h \ parent \ on: Gold CRASHES It's All Over for the Boomers (Bloomberg, John Authers) econ
Steel and aluminum have industrial use but are not scarce and durable as gold, so can't be use as money. Gold and silver makes much more sense as money. But even silver was somewhat demonetized because of industrial use.