web3/concepts/gold.md

13 lines
422 B
Markdown

# Gold
Gold is a precious metal sometimes used as investment and historically as coinage for [currency](currency.md).
## Properties
Gold is a [speculative](speculation.md) investment.
Gold has no [fundamental value](fundamental-value.md).
Gold has [use value](use-value.md) in jewellery and electronics.
Gold has no [income-cashflows](income-cashflows.md).
Gold is a [non-productive](productive-asset.md) investment.