jeffemmett
/
web3
1
0
Fork 0
Code Issues Pull Requests Packages Projects Releases Wiki Activity
web3/concepts/gold.md

792 B
Raw Blame History

Gold

Gold is a precious metal sometimes used as investment and historically as coinage for currency.

See also gold standard.

Properties

Gold has use value in jewellery and electronics.

Gold is a speculative investment.

Gold has no fundamental value.

Gold has no income.

Gold is a non-productive investment.

Trading gold is a zero-sum game.

References

  • Eich, Stefan. 2018. ‘The Currency of Politics’. The Political Theory of Money from Aristotle to Keynes.
  • Larue, Louis. 2020. ‘“A Conceptual Framework for Classifying Currencies”.’ International Journal of Community Currency Research 24 (1): 45–60.