Gold's value is 95% speculative
You're buying a rock because you think other people will want to pay more for it than you did
The people who say they don't care about gold's price are liars
They literally want you to own gold over everything else so at some point they have exit liquidity
Could you imagine what would happen to the market price of gold if institutional holders started selling?
What happens if El Salvador actually found 3 trillion of gold and dumps it on the market in the coming years?
Price is determined at the margin
How low will gold's price drop if people figure out physical gold is out and digital gold is in?
Physical gold will be replaced by Bitcoin as the most widely accepted store of value and 99% of the world has no clue
₿itcoin Umuttur⚡⚡
npub1ma…8uf6h
2026-01-27 09:28:36 UTC
Author Public Key
npub1magvz70dvupef38a2nxnccga8sxyeqy8e9f4tpje9nglh9gr4v0sa8uf6hSeen on
wss://relay.damus.ioPublished at
2026-01-27 09:28:36 UTCEvent JSON
{
"id": "042a580953a042286baab530df72120a6a08ce21d86df39c77d9f757478f72f2",
"pubkey": "df50c179ed670394c4fd54cd3c611d3c0c4c8087c9535586592cd1fb9503ab1f",
"created_at": 1769506116,
"kind": 1,
"tags": [],
"content": "Gold's value is 95% speculative\n\nYou're buying a rock because you think other people will want to pay more for it than you did\n\nThe people who say they don't care about gold's price are liars\n\nThey literally want you to own gold over everything else so at some point they have exit liquidity\n\nCould you imagine what would happen to the market price of gold if institutional holders started selling?\n\nWhat happens if El Salvador actually found 3 trillion of gold and dumps it on the market in the coming years?\n\nPrice is determined at the margin\n\nHow low will gold's price drop if people figure out physical gold is out and digital gold is in?\n\nPhysical gold will be replaced by Bitcoin as the most widely accepted store of value and 99% of the world has no clue",
"sig": "22fc0661a5326d2501be50e4a04f9eb51e56b55db066f11faccb5ef91fc190871576be3bc57f73be8144d40111e8b38c2872574038781ca0035ca626fd9afff5"
}