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What inherent properties does gold have besides people's belief that makes it a store of value? And saying that it's been around for millenniums doesn't cut it.

Gold is considered money only to plutocrats and hucksters. I always find it funny how gold bugs say that gold is "REAL MONEY," yet we don't use it as legal tender anymore because it was demonetized by law just like any other fiat money. Therefore, gold is the world's first "fiat money." Why...

I'm not doubting that tobacco would be a trading commodity, at all.

If people are willing to trade for it.....

Yeah, that's what I think of when we discuss assets...things that will be in high demand in some sort of post-apocalyptic scenario. Gold just doesn't make the grade.

I've read history books and have probably forgotten more than you know about monetary history. A true study of the subject shows the idea of gold being an asset to be extremely silly.

I'll never understand these people who consider gold and silver to be real assets. If it came down to some sort of apocalyptic world, gold and silver would be the last thing people would seek.

Oh yeah, the stagflation era which eventually lead to damn near 18% interest rates.

And that still doesn't change how supply and demand works in markets.

Not only that, HUMANS design these technological systems, so it stands to reason that the computers are just doing what their human masters tell them to do. Which means that they're still making human decisions. Stated another way, AI is just automated human behavior.

Inflation in an environment in which interest rates are rising. Interesting.

That's what people who prognosticate doom and gloom over technology-driven trading don't understand. The behaviors of supply and demand in markets will still show themselves regardless of who's doing the trading. I've analyzed charts from as far back as the year 1200 and markets behaved the...

Two different endeavors. If that's where you're at, I don't have anything to add to this discussion.

Trading has been around for thousands of years and I'm supposed to believe that it's gonna dwindle away in the next 10-20 years?

I'm glad that it's a fake account. Otherwise, I'd hope that no one would bet the house on something as uncertain as earnings.

Only way I can see tax cuts creating new jobs is if that money is being spent back into the economy by the people. That would in turn create demand and with higher demand comes the need to hire more people to fill that demand. That's just my theory, though.

All of this electronic trading and markets still move the same as they did 100+ years ago.

Nice job of dodging what I asked.

We're here to discuss trading not give away specific methods. Some may, and that's okay if that's their thing but for the most part, people who share trading "systems" are mostly vendors and not traders.

I don't get it. Why are we expected to take in refugees from countries that are openly hostile towards us? It matters not WHY they are hostile, that's not the question. If they have such a problem with us, why seek refuge here? This question is kind of rhetorical, btw.