Quote from: rutendojenkins on August 21, 2018, 10:16:19 AM

Quote from: AwanishSu1 on August 20, 2018, 11:13:52 PM

Quote from: avalane9z on August 20, 2018, 10:34:35 PM

Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile

Exactly. Gold is one of the most reliable instruments that provide profit

Risky investments can be attractive, as the rewards tend to be significant. However, these investments also tend to be more volatile. Investing in gold can help offset this volatility, as gold doesnt correlate with most assets in the long term.

The point is that Goldma has an opportunity to re-introduce the gold standard. Backing a currency by gold provides a self-regulating and stabilizing effect on the economy. It discourages inflation as well as government budget deficits and debt Wink